UBS AG SEC Filings

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the iShares® Silver Trust that mature April 23, 2027. The Notes pay periodic contingent coupons only if the underlying ETF meets a coupon barrier on observation dates and can be automatically called early if the underlying equals or exceeds the initial level on any prior observation date. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold; if the final level is below that threshold, investors suffer a loss equal to the ETF’s percentage decline and could lose their full principal. Payments (coupons or principal) depend on UBS’s creditworthiness. The Notes are offered in $10 increments with a $10 principal amount per Note, an estimated initial value of $9.64, and illustrative contingent coupon terms shown.

UBS AG offers $1,581,900 in Trigger Autocallable Contingent Yield Notes linked to the common stock of Cigna Corporation, maturing April 23, 2029. The Notes pay quarterly contingent coupons only if the underlying closes at or above a coupon barrier on observation dates; they are automatically called if the underlying closes at or above the initial level on any quarterly observation date beginning after six months. If not called, principal repayment at maturity is contingent: full principal is paid if the final level is at or above the downside threshold ($70.00, 70% of the initial level), but if the final level is below that threshold, repayment can fall below principal and may result in loss equal to the underlying return. Principal and any payments are subject to UBS credit risk. Trade date is April 21, 2026 with settlement April 23, 2026. Estimated initial value per Note was $9.74 and Issue Price is $10.00 per Note.

The issuer, UBS AG, proposes a preliminary offering of Trigger Autocallable Contingent Yield Notes linked to the iShares® Silver Trust with a term of about one year. The notes pay contingent coupons only if the underlying meets a coupon barrier on observation dates and can be automatically called if the underlying meets or exceeds the initial level. At maturity, repayment of principal is contingent: if the final level is below the downside threshold the cash payment per Note may be less than the principal amount, and investors could lose a significant portion or all of their investment. Trade date is April 21, 2026, settlement April 23, 2026, final valuation date April 21, 2027, and maturity April 23, 2027. The estimated initial value per $10 Note is between $9.36 and $9.61.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Cigna Corporation with a maturity date on April 23, 2029. The Notes pay a contingent coupon on each coupon payment date only if the underlying closing level on the applicable observation date meets or exceeds a coupon barrier; otherwise no coupon is paid. The Notes are subject to automatic early redemption if the underlying closes at or above the initial level on any quarterly observation date beginning after 6 months. If not called, principal is repaid at maturity only if the final level is at or above the stated downside threshold; if the final level is below that threshold, repayment is reduced proportionally and full loss of principal is possible. Trade and settlement are expected on April 21, 2026 and April 23, 2026, respectively. Minimum investment is 100 Notes at $10 per Note. Payments are subject to the creditworthiness of UBS.

UBS AG London Branch is offering $4,273,000 of Contingent Income Auto-Callable Securities due April 20, 2029 based on the common stock of ConocoPhillips. Each $1,000 security pays a contingent coupon of $25.625 (equivalent to 10.25% per annum) on a determination date if the closing price is at or above the downside threshold of $69.62 (which is 60.00% of the initial price). The securities may be redeemed early if the underlying closes at or above the call threshold of $116.04 on any determination date, in which case holders receive the stated principal plus the contingent payment. If the securities are not called and the final price is below the downside threshold, UBS will deliver a cash value equal to the exchange ratio times the final price, exposing holders to a loss of a significant portion or all of principal. Payments are subject to UBS credit risk; the estimated initial value at pricing was $963.70 per security and the issue price is $1,000.00 per security.

UBS AG is offering Digital S&P 500® Index-Linked Medium-Term Notes that pay no interest and provide a 12.50% buffer on declines in the S&P 500® Index. For each $1,000 face amount, holders receive a maximum settlement amount (expected between $1,134.80 and $1,158.50) if the final underlier level is at or above the buffer level (87.50% of the initial level). If the final underlier level is below the buffer, investors bear amplified downside: approximately 1.1429% loss of face amount for each 1% underlier decline below the buffer, and they could lose their entire investment. The notes have an expected term of 20–23 months, an estimated initial value below issue price (expected between $968.00 and $998.00 per $1,000), and are subject to UBS credit risk, liquidity limitations, no listing, and specific U.S. tax and withholding considerations.

UBS AG offers Trigger Autocallable GEARS linked to the common stock of Meta Platforms, Inc. The securities have a principal amount of $10 per Security and a minimum investment of 100 Securities. If the closing level on the observation date is at or above the autocall barrier, the securities will be automatically called with a 20.50% call return (call price $12.05) on the call settlement date. If not called, maturity payoffs depend on the underlying return multiplied by an upside gearing set between 1.40 and 1.50, subject to a downside threshold equal to 70.00% of the initial level. The preliminary estimated initial value is between $9.40 and $9.70. All payments, including any repayment of principal, are subject to the creditworthiness of UBS and holders may lose a significant portion or all of their investment.

UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the State Street ETFs XLE, XLB and XLK, maturing on or about May 8, 2031. The notes pay a contingent coupon of 14.75% per annum only when each underlying meets its coupon barrier on an observation date; otherwise no coupon is paid.

The notes are issuer-callable monthly beginning after ~3 months; if called UBS will pay principal plus any contingent coupon due on the call settlement date. If not called, principal repayment at maturity depends on whether each underlying's final level is at or above its downside threshold (60.00% of initial level); if the least performing underlying closes below that threshold the payment will be reduced pro rata to that underlying's decline. The issue price is $1,000 per note with underwriting discount $7.50 and proceeds per note to UBS of $992.50. The estimated initial value range is $950.20 to $980.20.

UBS AG priced a $773,000 offering of Trigger Autocallable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500. The notes pay a 7.10% per annum contingent coupon when all three underlyings meet coupon barriers on observation dates and are callable monthly beginning after 12 months. If not called, principal repayment at maturity is contingent on the least performing underlying meeting its downside threshold; otherwise investors suffer a loss equal to that underlying's decline. The estimated initial value per note is $952.40 versus an issue price of $1,000, and all payments are subject to UBS credit risk.