UBS AG SEC Filings

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Arm Holdings plc ADRs due November 19, 2027. Each Note has a principal amount of $10 and pays contingent coupons only if the underlying ADR closing level on observation dates meets or exceeds a coupon barrier. 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 holders receive principal plus any contingent coupon due on the call settlement date. If not called, repayment at maturity is contingent: if the final level is at or above the downside threshold the principal is repaid; if the final level is below the downside threshold the holder suffers a loss equal to the underlying return and could lose substantially all principal. Trade and settlement are May 15, 2026 and May 19, 2026, with final valuation on November 17, 2027 and maturity on November 19, 2027. The estimated initial value per Note as of the trade date is $9.72. All payments depend on UBS’s creditworthiness; in a UBS default holders may receive nothing.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The Notes have a principal amount of $10 per Note, a trade date of May 15, 2026, settlement on May 19, 2026, a final valuation date of May 17, 2028 and a maturity date of May 19, 2028. The Notes pay periodic contingent coupons only when the underlying's closing level on an observation date is equal to or above a coupon barrier; otherwise no coupon is paid. The Notes are subject to an automatic call if the underlying closes at or above the initial level on any observation date prior to maturity, in which case UBS pays principal plus any contingent coupon. If the Notes are not called and the final level is below the disclosed downside threshold, principal repayment at maturity is reduced proportionally to the underlying return and you could lose a significant portion or all of your investment. The estimated initial value range on the trade date is $9.44 to $9.69. Minimum investment is 100 Notes ($1,000). All payments, including principal, depend on UBS's creditworthiness.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the American depositary receipts of Arm Holdings plc, with trade date May 15, 2026, expected settlement May 19, 2026, final valuation date November 17, 2027 and maturity November 19, 2027. The Notes pay periodic contingent coupons only if the underlying ADR closes at or above 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. At maturity, if not called, principal repayment is contingent: full principal is paid if the final level is at or above the downside threshold; otherwise repayment is reduced pro rata to the underlying return, possibly resulting in a significant loss or total loss of principal. The Notes are unsecured obligations of UBS AG, carry issuer credit risk, are not FDIC-insured, and have a minimum investment of 100 Notes ($1,000). The estimated initial value range on the trade date is $9.41 to $9.66 per Note.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Fluor Corporation common stock due May 19, 2027. The Notes pay contingent coupons only if the underlying stock meets coupon barriers on specified observation dates and may be automatically called early if the underlying equals or exceeds the initial level on an observation date. If not called, principal repayment at maturity is contingent: full principal is returned only if the final level is at or above the downside threshold; below that threshold the investor suffers a loss equal to the underlying return and could lose the entire investment. All payments are subject to UBS credit risk.

UBS AG is offering a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Fluor Corporation, due on or about May 19, 2027. The notes pay periodic contingent coupons only if observation-date closing levels meet the coupon barrier and are automatically called if the underlying equals or exceeds the initial level on an observation date. If not called, repayment of principal at maturity is contingent: investors receive full principal only if the final level is at or above the downside threshold; otherwise principal is reduced in proportion to the underlying return, potentially producing a complete loss of principal. The offering sets a minimum purchase of 100 notes at $10 per note and reports an estimated initial value range of $9.44 to $9.69 per note determined by UBS internal pricing models. All payments remain subject to UBS credit risk.

UBS AG $150,000 Trigger Autocallable Contingent Yield Notes linked to the common stock of Snowflake Inc. due May 19, 2028. The Notes pay contingent coupons only if the underlying closing level meets the coupon barrier on observation dates and are automatically called 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; otherwise repayment declines in direct proportion to the underlying return and you could lose a significant portion or all of your investment. Trade date is May 15, 2026, settlement May 19, 2026, final valuation date May 17, 2028. The Notes have a minimum purchase of 100 Notes at $10 per Note, an estimated initial value of $9.76, and any payment is subject to the creditworthiness of UBS.

UBS AG priced a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the common stock of Snowflake Inc. The notes mature on May 19, 2028 and have 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, carry an automatic call if the underlying equals or exceeds the initial level on any observation date, and feature contingent principal repayment at maturity that exposes holders to the full downside of the underlying if the final level is below a downside threshold.

UBS AG priced a preliminary offering of Buffer Autocallable GEARS linked to the S&P 500® Index due on or about May 31, 2029. The securities are unsubordinated, unsecured debt obligations with a $10 per Security denomination (minimum investment $1,000). Key economic terms shown on the cover include a 9.00% call return, an upside gearing range of 1.201 to 1.371, a 10.00% buffer, an autocall barrier at 100% of initial level, and a downside threshold at 90% of initial level. If the observation date level is at or above the autocall barrier, UBS will automatically call and pay the call price of $10.90 per Security. If not called, maturity payments depend on the underlying return multiplied by the upside gearing, subject to the buffer and UBS credit risk. The issue price exceeds the estimated initial value, which is shown as $9.446 to $9.746, reflecting underwriting, hedging and issuance costs. Investors should review the product supplement, index supplement and prospectus for full risk, tax and distribution details.

UBS AG is offering Airbag Callable Contingent Yield Notes linked to the least performing of the iShares® Russell 2000 ETF (IWM), the Nasdaq-100 Index® (NDX) and the S&P 500® Index (SPX). The Notes have a principal amount of $1,000 per Note, an expected term of approximately 9 months and key dates set on the cover: Strike Date: May 15, 2026, Trade Date: May 18, 2026, Settlement Date: May 21, 2026, Final Valuation Date: Feb 16, 2027 and Maturity Date: Feb 19, 2027.

The Notes pay a periodic contingent coupon only if the closing level of each underlying asset on an observation date is at or above its coupon barrier; otherwise no coupon is paid. UBS may call the Notes in whole on any observation date (other than the final valuation date). At maturity, if any underlying asset is below its downside threshold you are exposed to the downside performance of the least performing underlying asset with a downside leverage of ~1.2195 and a threshold percentage of 18.00%, which can result in substantial loss of principal. Estimated initial value is shown as $968.70 to $998.70 on the trade date range. All payments are subject to UBS credit risk.