UBS AG SEC Filings

UBS AG is offering Trigger Callable Contingent Yield Notes due on or about December 4, 2030 linked to the least performing of the S&P 500®, Russell 2000® and shares of the State Street® Consumer Staples Select Sector SPDR® ETF (XLP). The notes pay a contingent coupon only when each underlying closes at or above its coupon barrier on observation dates and are callable monthly by UBS beginning after approximately three months.

The notes repay principal at maturity only if each final level is at or above its downside threshold; if any final level is below its downside threshold, repayment equals principal reduced by the percentage decline of the least performing underlying asset. Payments are unsecured and subject to UBS credit risk. The estimated initial value range is $957.30–$987.30 per $1,000 note; issue price is $1,000 per note.

UBS AG is offering Capped Buffer Securities linked to the S&P 500® Index with $355,000 aggregate principal. Each Security has a $1,000 principal amount, a 10.00% buffer, a 21.00% maximum gain (maximum payment $1,210.00) and matures on November 18, 2027. Payments at maturity depend on the underlying return and whether the final level is below the downside threshold of 6,667.65 (90.00% of the initial level). The estimated initial value per Security on the trade date is $986.50. The Securities do not pay interest, are unsecured obligations of UBS and repayment is subject to UBS credit risk. The offer is directed to fee-based advisory accounts and secondary market liquidity may be limited.

UBS AG offers preliminary pricing for Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500®, Russell 2000® and the State Street Utilities Select Sector SPDR® ETF, due on or about June 2, 2031. The Notes pay a contingent coupon of 10.80% per annum only when each underlying asset meets its coupon barrier on an observation date and are issuer-callable monthly beginning after six months.

The Notes repay $1,000 principal per Note at maturity only if the final level of every underlying asset is at or above its downside threshold (each threshold is 70.00% of its initial level). If any final level is below its downside threshold, the payment at maturity will be reduced pro rata based on the least performing underlying asset and could result in a total loss. The issue price is $1,000 per Note, estimated initial value is between $956.80 and $986.80, underwriting discount is $5.00 per Note and proceeds to UBS are $995.00 per Note.

UBS AG offers preliminary terms for Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500®, Russell 2000® and Dow Jones Industrial Average®, due on or about May 31, 2030. The notes pay a contingent coupon only when each underlying index meets a coupon barrier on an observation date and are callable monthly by UBS beginning after approximately six months.

The offering's illustrative contingent coupon rate is 9.75% per annum; the issue price is $1,000.00 per note, the underwriting discount is $5.00 per note, and estimated initial values are indicated between $960.20 and $990.20. Holders face significant market risk tied to the least performing underlying asset and UBS credit risk; principal repayment at maturity may be reduced if any final level is below its downside threshold.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500®, Russell 2000® and Nasdaq-100®, due on or about June 2, 2031. The notes have a per-note issue price of $1,000.00 and a stated contingent coupon rate of 11.50% per annum.

The notes pay contingent coupons only if each underlying index is at or above its coupon barrier on an observation date; UBS may call the notes monthly (beginning after ~3 months). If not called, principal repayment at maturity depends on the final level of the least performing underlying asset relative to a 70.00% downside threshold, exposing holders to potential partial or total loss. The estimated initial value range is $959.20–$989.20 per note and UBS Securities LLC receives a $5.00 underwriting discount per note.

UBS AG London Branch proposes to offer Digital S&P 500® Index‑Linked Medium‑Term Notes as set out in this preliminary pricing supplement, subject to completion. The notes do not bear interest and pay a cash settlement at maturity based on the S&P 500® Index performance over a term expected to be between 19 and 22 months.

The notes include a buffer level equal to 87.50% of the initial underlier level and a cap level expected to be between 112.94% and 115.22% of the initial underlier level. If the final underlier level is equal to or above the buffer level, holders receive a $1,129.40–$1,152.20 maximum settlement amount per $1,000 face amount; if below the buffer, losses apply at approximately 1.1429% of face amount per 1% negative underlier return below the buffer. The estimated initial value is expected to be between $967.20 and $997.20 per $1,000 face amount.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Royal Caribbean Cruises Ltd. common stock due May 22, 2028. The Notes pay periodic contingent coupons only when the underlying closes at or above a 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 the final valuation date. If not called, principal is repaid at maturity only if the final level is at or above the disclosed downside threshold; otherwise principal is reduced proportionally to the underlying return and investors could lose a significant portion or all of their investment. Payments are subject to UBS credit risk. Trade date is May 19, 2026, final valuation date is May 18, 2028, and maturity is May 22, 2028.

UBS AG offers $610,000 of Trigger Autocallable Contingent Yield Notes linked to the Relevant Nearby ICE-traded Cocoa Futures Contract due May 20, 2027.

The Notes pay a 13.50% per annum contingent coupon only when the official settlement price of the Cocoa futures is at or above the coupon barrier on observation dates, are subject to quarterly automatic calls if the Cocoa price meets the call threshold, and repay contingent principal at maturity only if the final price is at or above the downside threshold. Each Note has a $1,000 principal amount, an estimated initial value of $982.70 as of the trade date, and payments (including any principal repayment) are unsecured obligations of UBS and depend on UBS creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc. Each Note has a principal amount of $10 and a contingent coupon that is paid only if the underlying closing level meets the coupon barrier on observation dates. The Notes can be automatically called early if the underlying closes at or above the initial level on an observation date, in which case investors receive principal plus any contingent coupon due on the call settlement date. If not called, principal repayment at maturity depends on the final level relative to the downside threshold: if the final level is below that threshold, repayment may be less than principal and could result in loss of some or all of the initial investment. Payments on the Notes are subject to UBS credit risk. Key dates: trade date May 19, 2026, settlement May 21, 2026, final valuation date May 18, 2028, maturity May 22, 2028. The estimated initial value per $10 Note was $9.72.