UBS AG SEC Filings

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NIKE, Inc. The notes mature on November 22, 2027 with a final valuation date of November 18, 2027 and a principal amount of $10 per Note.

The notes pay periodic contingent coupons only if the underlying closing level meets or exceeds a 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. If not called and the final level is below the downside threshold, principal repayment may be reduced proportionally to the underlying return, potentially causing substantial or total loss. The estimated initial value range on the trade date is $9.37 to $9.62. Minimum investment is 100 Notes ($1,000).

UBS AG is offering three separate issues of Airbag Autocallable Yield Notes linked to the common stock of AppLovin (APP), Devon Energy (DVN) and Johnson Controls (JCI). Each Note has a principal amount of $1,000 per Note, a term to maturity of approximately 12 months and a maturity date of May 20, 2027. Coupons are fixed and paid monthly; the coupon rates are 12.10% (APP), 10.20% (DVN) and 9.45% (JCI). The Notes are subject to automatic early call on quarterly observation dates if the underlying closing level is at or above the call threshold (100% of initial level for APP and DVN; 100% for JCI). If not called and the final level is below the conversion level, holders receive a specified share delivery amount per Note instead of cash principal, which can result in loss of some or all principal. Payments and deliveries are subject to UBS creditworthiness. The issue price for each Note exceeds its UBS-estimated initial value as stated on the cover.

UBS AG is offering Trigger Autocallable Yield Notes linked to Zscaler, Inc. common stock with a principal amount of $1,000 per Note and an aggregate issue of $4,934,000. The Notes pay a fixed 13.43% per annum coupon (estimated coupon per quarter $33.575) unless automatically called on quarterly observation dates beginning ~6 months after trade. If an observation date closing level is at or above the call threshold (100% of the initial level, $161.05), UBS will automatically call the Notes and pay principal plus the coupon for that period. If not called, at maturity (final valuation date May 15, 2029, maturity May 18, 2029) repayment depends on the final level versus the downside threshold (50% of initial level, $80.53): if final level is below the downside threshold, repayment at maturity decreases pro rata with the underlying return, potentially resulting in the loss of a significant portion or all principal. Payments are subject to UBS credit risk and limited secondary market liquidity.

UBS AG is offering $4,112,000 of Trigger Autocallable Contingent Yield Notes linked to the least performing of the S&P 500® Index and the Nasdaq-100® Technology Sector. The Notes mature on May 23, 2029, are callable monthly beginning after six months, and pay a contingent coupon of 9.55% per annum only when both underlying assets meet coupon barriers on observation dates. If not called and the final level of any underlying asset is below its downside threshold (60% of initial level), repayment at maturity may be less than principal, potentially resulting in substantial loss or total loss of principal. Payments depend on UBS creditworthiness. The estimated initial value per Note is $991.60 and the issue price is $1,000 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the VanEck® Semiconductor ETF that mature on May 19, 2027. 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 UBS pays principal plus any contingent coupon on the related coupon payment date. If not called and the final level is equal to or above the downside threshold, UBS repays principal at maturity; if the final level is below the downside threshold, repayment at maturity will reflect the underlying return and could result in a loss of some or all principal. Payments remain subject to UBS creditworthiness. The offering minimum is 100 Notes at $10 per Note; the estimated initial value on the trade date is $9.79.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the shares of the VanEck® Semiconductor ETF, with final terms set on the trade date. The Notes pay contingent coupons only when the underlying closes at or above a coupon barrier on observation dates and will be automatically called if the underlying closes at or above the initial level on an 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 downside threshold; if the final level is below that threshold, investors suffer a loss proportional to the underlying return and could lose their entire investment. Trade date is May 15, 2026, settlement is May 19, 2026, final valuation date is May 17, 2027, and maturity is May 19, 2027. The Notes are unsecured obligations of UBS and any payments depend on UBS's creditworthiness. The offering is a preliminary pricing supplement and the estimated initial value per $10 Note is between $9.47 and $9.72.

UBS AG offers Trigger Callable Yield Notes linked to the least performing of the Nasdaq-100 Index and the Russell 2000 Index. The terms set the trade date as May 20, 2026, settlement May 26, 2026, final valuation date August 20, 2027 and maturity August 25, 2027. The Notes pay a fixed monthly coupon set on the trade date (range 7.50% to 8.05% per annum) and are issuer-callable monthly beginning after three months. Principal is $10 per Note, minimum purchase 100 Notes ($1,000). At maturity, if any underlying asset’s final level is below its downside threshold (60.00% of its initial level as disclosed), repayment of principal is contingent and may result in a loss up to the full investment; all payments are subject to UBS credit risk. The estimated initial value range is $9.497 to $9.797 per Note as of the trade date.

The issuer, UBS AG, is offering $792,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Shopify Inc. The Notes pay a 19.90% per annum contingent coupon if monthly observation levels meet the coupon barrier, are callable after six months at a call threshold equal to the initial level of $102.39, and repay contingent principal at maturity on November 23, 2027 subject to a downside threshold of $51.20 (50.00% of the initial level). The estimated initial value per Note at trade was $978.20, with an issue price of $1,000 per Note. Payments, including principal, depend on UBS creditworthiness and the Notes will not be listed on an exchange.

UBS AG is offering $11,672,000 in Airbag Callable Contingent Yield Notes linked to the least performing of the iShares® Russell 2000 ETF, the Nasdaq-100 Index® and the S&P 500® Index. The Notes mature on February 19, 2027 (final valuation date February 16, 2027) and are callable by UBS on monthly observation dates. Investors may receive periodic contingent coupons only if the closing level of each underlying asset meets its coupon barrier on an observation date; the total potential contingent coupon payable if not called is 11.625% of principal. If UBS does not call the Notes and the final level of any underlying asset is below its downside threshold (82.00% of its initial level), principal repayment at maturity is contingent and holders are exposed to leveraged downside (approximately 1.2195% loss of principal per 1% decline of the least performing underlying asset beyond the 18.00% threshold). All payments are subject to UBS creditworthiness.