UBS AG SEC Filings

UBS AG published a preliminary pricing supplement for $• Trigger Autocallable Contingent Yield Notes linked to the common stock of Netflix, Inc., due on or about May 19, 2028, subject to completion. The Notes pay contingent periodic coupons only if the underlying's closing level meets the coupon barrier on observation dates and may be automatically called early if the underlying's closing level meets or exceeds 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 equal to or greater than the downside threshold; otherwise repayment at maturity is reduced proportionally to the underlying return, potentially resulting in substantial loss of principal.

The trade date is May 15, 2026 with expected settlement on May 19, 2026. Notes are offered in minimum increments of 100 Notes at $10 per Note (a $1,000 minimum investment). UBS provides an estimated initial value range of $9.44 to $9.69 per Note; final terms will be set on the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Constellation Energy Corporation stock due May 19, 2028. Each Note has a principal amount of $10 and may pay periodic contingent coupons only if the underlying stock closes at or above a stated coupon barrier on observation dates. The Notes are automatically called early if the underlying closes at or above the initial level on any observation date prior to the final valuation date, in which case investors receive principal plus any contingent coupon due on the related coupon payment date. If not called, repayment of principal at maturity is contingent: if the final level is at or above the downside threshold you receive $10; if below, repayment equals $10 x (1 + Underlying Return), which can result in a substantial loss or a complete loss of principal. All payments are subject to the creditworthiness of UBS. Trade date was May 15, 2026, settlement expected May 19, 2026, final valuation date May 17, 2028, and maturity May 19, 2028. The estimated initial value on the trade date is $9.72. Read the Key Risks and Product Supplement for full terms.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Freeport-McMoRan Inc. common stock due May 19, 2028. The Notes pay periodic contingent coupons only if the underlying stock 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 any observation date. If the Notes are not called and the final level is below the downside threshold, principal repayment at maturity is contingent and can result in a loss equal to the percentage decline in the underlying, potentially a total loss. Payments are subject to UBS credit risk. Trade date is May 15, 2026, settlement May 19, 2026, final valuation date May 17, 2028, maturity May 19, 2028. The estimated initial value on the trade date was $9.71 per $10 Note.

UBS AG offers a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Constellation Energy Corporation, due on or about May 19, 2028. The final terms will be set on the trade date and the offering is subject to delivery of the pricing supplement, product supplement and prospectus.

The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on each observation date and feature an automatic call if the underlying equals or exceeds the initial level on an observation date. If not called, principal repayment at maturity is contingent: investors receive full principal only if the final level is at or above a stated downside threshold; otherwise repayment is reduced pro rata to the underlying return, potentially resulting in a complete loss. All payments are subject to UBS's creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Freeport-McMoRan Inc., due on or about May 19, 2028. The notes pay contingent coupons only if the underlying meets coupon barriers on observation dates, are automatically called if the underlying meets an initial level on an observation date, and repay principal at maturity only if the final level is at or above a downside threshold.

The preliminary terms show a trade date of May 15, 2026, settlement on May 19, 2026, an estimated initial value range of $9.41–$9.66 per $10 note, a minimum investment of 100 notes ($1,000), a hypothetical contingent coupon rate of 20.94% per annum (contingent coupon $0.5235 per $10 note) and a downside threshold of $70.00 (70.00% of the initial level). The notes are unsecured obligations of UBS and any payments depend on UBS’s creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation due May 19, 2028. The Notes pay periodic contingent coupons only if the underlying closing level on observation dates meets or exceeds the coupon barrier and will be automatically called early if the underlying closing level on any interim observation date is at or above the initial level. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise principal is reduced in proportion to the underlying return and investors can lose a large portion or all of their investment. The Notes are unsecured obligations of UBS and any payments depend on UBS creditworthiness. Trade and settlement dates are May 15, 2026 and May 19, 2026, respectively; final valuation and maturity are May 17, 2028 and May 19, 2028. The estimated initial value per Note as of the trade date is $9.81.

UBS AG is offering $100,000 Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc., due May 19, 2027. The Notes pay periodic contingent coupons only if the underlying closing level on an observation date meets or exceeds a coupon barrier; they are automatically called early if the closing level on an observation date before the final valuation date is equal to or greater than the initial level. If not called, repayment at maturity is contingent: if the final level is at or above the downside threshold UBS will repay the $10 principal per Note, but if the final level is below the downside threshold repayment will be reduced pro rata to the underlying return and you could lose a significant portion or all of your investment. The Notes are unsecured obligations of UBS and all payments are subject to UBS's creditworthiness. The 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 offered in minimum increments of 100 Notes (representing a $1,000 minimum investment) and the estimated initial value was $9.74 per Note as of the trade date.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of the underlying entity with final valuation on May 17, 2027 and maturity on May 19, 2027. The Notes pay a contingent coupon on coupon dates only when the underlying closing level meets or exceeds 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, 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, holders suffer a loss equal to the underlying return and could lose all of their principal. The Notes are unsecured obligations of UBS and all payments, including any repayment of principal, depend on the creditworthiness of UBS. Trade date is May 15, 2026 and settlement is May 19, 2026. Minimum investment is 100 Notes ($1,000) and the estimated initial value on the trade date was $9.76 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Taiwan Semiconductor Manufacturing Company Limited ADRs maturing November 19, 2027. Each Note has a $10 principal amount and pays contingent coupons only if the underlying ADR closes at or above the coupon barrier on observation dates. The Notes will be automatically called early if the ADR closes at or above the initial level on any observation date prior to the final valuation date; upon an automatic call UBS pays principal plus any contingent coupon then due. If not called, principal repayment at maturity is contingent: if the final ADR level is below the downside threshold you can suffer a loss equal to the ADR’s percentage decline from the initial level and could lose all your investment. The Notes are unsecured obligations of UBS and any payment is subject to UBS credit risk.