UBS AG is offering $10,200,000 of Contingent Income Auto-Callable Securities due March 2, 2029 linked to shares of the iShares® Expanded Tech-Software Sector ETF (ticker IGV). The securities pay a contingent payment of $34.50 per security per observation period (13.80% per annum) if the underlying closes at or above the coupon barrier of $61.18 (75.00% of the initial price) on every trading day of that period. Early redemption occurs if the underlying equals or exceeds the call threshold of $81.57 on an observation end date. If not called and the final price is below the downside threshold of $53.02 (65.00% of the initial price), investors receive a cash value tied 1:1 to the underlying and may lose a significant portion or all principal. Payments are unsecured and subject to UBS AG credit risk.
UBS AG is offering $960,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to Delta Air Lines common stock. The Notes have a $1,000 principal per Note, an initial level of $65.70, a contingent coupon rate of 10.80% per annum, a call threshold equal to $65.70 (100% of initial level), and a downside threshold and coupon barrier equal to $32.85 (50% of initial level). The term is approximately three years with trade date February 27, 2026, settlement March 4, 2026, final valuation date February 27, 2029, and maturity March 2, 2029. Payments (contingent coupons, call settlement and any principal repayment) are subject to the creditworthiness of UBS and the Notes may be automatically called if the underlying meets the call threshold on an observation date. The Notes can result in full downside market exposure at maturity if the final level is below the downside threshold.
UBS AG is offering Capped Buffer Contingent Absolute Return Securities linked to the least performing of the Dow Jones Industrial Average and the S&P 500 maturing on September 30, 2027. The securities have a $1,000 principal amount per security and an approximate term of 18 months.
Key economic terms: 17.00% maximum upside gain, a 15.00% buffer/downside threshold at 85.00% of initial levels, contingent absolute return capped at 15.00%. Trade date is March 26, 2026, settlement March 31, 2026, final valuation date September 27, 2027. Estimated initial value range: $958.20 to $988.20; issue price per security: $1,000. Underwriting discount up to $7.25; proceeds to UBS at least $992.75.
UBS AG offers $2,556,000 of Trigger Callable Contingent Yield Notes linked to the least performing of three ETFs. Each Note has a $1,000 principal amount, a contingent coupon rate of 17.80% per annum, a strike date of February 25, 2026, a trade date of March 2, 2026, and a maturity date of January 30, 2030.
The Notes pay a contingent coupon on each observation date only if the closing level of every underlying ETF meets its coupon barrier; UBS may call the Notes in whole on monthly observation dates beginning after three months. If not called, principal repayment at maturity is contingent: full principal is repaid only if every underlying ETF's final level is at or above its downside threshold, otherwise repayment is reduced by the negative return of the least performing underlying asset, potentially causing a substantial or total loss. The estimated initial value on the trade date was $977.10 and the issue price was $1,000.00. All payments are subject to UBS credit risk.
UBS AG is offering Buffer Autocallable Contingent Yield Notes linked to the least performing of the VanEck® Gold Miners ETF and the State Street® Energy Select Sector SPDR® ETF. The Notes have a principal amount of $1,000 per Note and an expected term of approximately two years unless automatically called.
Key terms: contingent coupon rate of 14.85% per annum payable only if both underlying assets meet coupon barriers on monthly observation dates; automatic quarterly call beginning after six months if both underlyings meet 100.00% call thresholds; downside protections include an 20.00% buffer with coupon barriers and downside thresholds at 80.00% of initial levels. Trade date is March 26, 2026, settlement March 31, 2026, final valuation March 27, 2028, maturity March 30, 2028. The estimated initial value range is $931.90 to $961.90, with issue price set at $1,000.00 and an underwriting discount of up to $26.00 per Note.
UBS AG is offering $1,389,000 of Trigger Callable Contingent Yield Notes due September 1, 2027 linked to the least performing of the Russell 2000® Index and the S&P 500® Index. The Notes pay a contingent coupon of 10.40% per annum if both indices meet their coupon barriers on an observation date; otherwise no coupon is paid.
The strike (initial) levels were set on February 27, 2026 (Russell 2000: 2,632.361; S&P 500: 6,878.88) with coupon barriers and downside thresholds equal to 65.00% of initial levels. Observation dates are monthly (callable by UBS after ~3 months). If UBS calls early, holders receive principal plus any contingent coupon due on the call settlement date. If not called and any final index level is below its downside threshold, principal at maturity is reduced pro rata to the negative return of the least performing underlying asset. The estimated initial value as of the trade date was $994.80, and the issue price was $1,000.00 per Note.
UBS AG priced a preliminary offering of Trigger Callable Contingent Yield Notes linked to the least performing of the S&P 500® and the Nasdaq-100®, due on or about March 14, 2028. The notes pay a contingent coupon of 9.00% per annum only if each underlying meets coupon barriers on observation dates and are callable monthly by UBS beginning after approximately 12 months.
The notes have downside thresholds of 70.00% of initial levels; if any final level is below its threshold and UBS does not call, principal repayment at maturity will be reduced in proportion to the least performing underlying asset. The issue price is $1,000 per note, with estimated initial value between $959.00 and $989.00 and underwriting compensation of up to $8.50 per note.
UBS AG offers Capped Buffer Contingent Absolute Return Securities linked to the least performing of the Dow Jones Industrial Average and the S&P 500, maturing on or about September 30, 2027. The Securities have a $1,000 principal amount per Security, an expected term of approximately 18 months, a 15.00% buffer and a 12.00% maximum upside gain (maximum payment per Security of $1,120.00). Trade date is expected to be March 26, 2026 with settlement on March 31, 2026 and final valuation on September 27, 2027. The estimated initial value range on the trade date is between $940.40 and $970.40, the underwriting discount may be up to $22.25 per Security and proceeds to UBS per Security are at least $977.75. Payments at maturity depend on the percentage change in the least performing underlying asset, are subject to the buffer and cap, and are contingent on UBS creditworthiness.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the SPDR® Dow Jones® Industrial Average℠ ETF (DIA) and the State Street® Energy Select Sector SPDR® ETF (XLE).
The notes have a trade date of March 4, 2026, expected settlement on March 9, 2026, quarterly observation dates (callable after six months), a final valuation date of March 5, 2029 and a maturity date of March 8, 2029. Contingent coupon rates will be set on the trade date in the disclosed range of 9.60% to 10.30% per annum. The notes are offered at $10 per Note with a minimum investment of 100 Notes, and UBS estimates an initial value range of $9.315 to $9.615 per Note.
The notes pay contingent coupons only if both underlying ETF closing levels meet coupon barriers on observation dates, can be automatically called if both meet call thresholds, and return principal at maturity only if downside thresholds are met; otherwise holders are exposed to the negative return of the least performing underlying asset and UBS credit risk.
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 April 5, 2029. The notes pay a contingent coupon of 12.35% per annum when each underlying meets its coupon barrier and are callable monthly by UBS beginning about three months after issuance.
The notes feature coupon barriers at 75.00% of initial levels and downside thresholds at 70.00%. If any final underlying level is below its downside threshold and UBS does not call, principal repayment at maturity will be reduced proportionally to the least performing underlying asset. Estimated initial value is between $956.80 and $986.80; issue price per note is $1,000.00 with proceeds to UBS of at least $991.00, subject to the final pricing supplement.