UBS AG is offering Capped Buffer Securities linked to the S&P 500® Index due on or about September 16, 2027. Each Security has a $1,000 principal amount, a 10.00% buffer, and a 15.00% maximum gain (maximum payment at maturity per Security $1,150.00).
The final terms will be set on the trade date (March 13, 2026) with expected settlement on March 18, 2026, final valuation on September 13, 2027, and maturity on September 16, 2027. The Securities pay no interest, provide upside participation capped at the maximum gain, and expose holders to downside losses beyond the buffer; all payments are subject to UBS credit risk.
UBS AG is offering Step Down Trigger Autocallable Notes linked to the least performing of the Russell 2000® and S&P 500® indices, with a principal amount of $1,000 per Note and an approximate term of four years, subject to automatic early call.
The Notes feature an annual observation schedule, a 9.00% per annum call return rate, step-down call thresholds and a downside threshold equal to 75.00% of each initial level. If not automatically called, repayment at maturity equals $1,000×(1 + underlying return of the least performing underlying asset), which may result in significant loss or a total loss of principal. The issue price includes a $20.00 underwriting discount (proceeds to UBS approximately $980.00 per Note) and an estimated initial value range of $937.80 to $967.80.
UBS AG is offering Capped Buffer Securities linked to the S&P 500® Index maturing on September 16, 2027. Each Security has a $1,000 principal amount, a 10.00% downside buffer and a 20.00% maximum gain, capping the maximum payment at $1,200.00 per Security.
The trade date is expected to be March 13, 2026 with settlement on March 18, 2026, a final valuation date of September 13, 2027, and an estimated initial value range of $959.30 to $989.30 as of the trade date. Payments at maturity depend on the underlying return, UBS creditworthiness and whether the final level is below the downside threshold.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The Notes pay a contingent coupon only if the underlying stock closing level meets or exceeds a coupon barrier on observation dates and can be automatically called early if the underlying meets the initial level on any observation date prior to maturity.
The Notes have a Final Valuation Date: February 24, 2028 and Maturity Date: February 28, 2028, a principal amount per Note of $10, an estimated initial value of $9.72, and example terms showing a 20.71% per annum contingent coupon and a $60.00 downside threshold (60.00% of the initial level). If not called and the final level is below the downside threshold, repayment can be less than principal, with losses equal to the underlying return; payments are subject to UBS creditworthiness.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Amazon.com, Inc. common stock due February 28, 2028. The Notes pay periodic contingent coupons only if the underlying's closing level on observation dates meets the coupon barrier and may be automatically called quarterly beginning after six months.
If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if below, repayment is reduced pro rata to the underlying return and investors can lose a substantial portion or all of their principal. All payments are subject to UBS creditworthiness.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The preliminary pricing supplement sets the trade date as February 24, 2026, expected settlement date February 26, 2026, a final valuation date of February 24, 2028 and a maturity date of February 28, 2028.
The Notes pay a contingent coupon on each coupon payment date only if the underlying stock closing level on the related observation date is at or above the coupon barrier; otherwise no coupon is paid. UBS will automatically call the Notes early if an observation-date closing level is at or above the initial level. At maturity, if the Notes are not called and the final level is below the downside threshold, holders suffer a loss equal to the percentage decline in the underlying; examples show a 19.95% per annum contingent coupon in a hypothetical case and a downside threshold of $60.00 (60% of the initial level).
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Amazon.com, Inc., due on or about February 28, 2028. The Notes pay a periodic contingent coupon only if the underlying closing level on specified observation dates meets or exceeds a coupon barrier; otherwise no coupon is paid.
The Notes can be automatically called quarterly (beginning after six months) if the underlying closes at or above the initial level; an automatic call results in payment of principal plus any contingent coupon due on the related coupon payment date. If not called, repayment at maturity depends on the final level versus a downside threshold (an illustrative downside threshold and coupon barrier of $70.00, or 70.00%, and a hypothetical contingent coupon rate of 11.07% per annum are shown). Any repayment is subject to UBS credit risk and investors may lose a significant portion or all of their investment.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc., due February 26, 2027. The Notes pay periodic contingent coupons only if the underlying closing level meets a coupon barrier and will be automatically called early if the underlying closes at or above the initial level on an observation date. At maturity, if not called, principal is repaid only if the final level is at or above the downside threshold; if the final level is below that threshold, repayment is reduced proportionally to the underlying return and investors could lose a significant portion or all of their principal. Trade date is February 24, 2026, settlement February 26, 2026, principal amount per Note is $10, estimated initial value is $9.81, and minimum investment is 100 Notes ($1,000).
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc. The Notes mature on February 26, 2027 with a trade date of February 24, 2026 and settlement on February 26, 2026. Investors receive periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates; the Notes auto-call early if the underlying equals or exceeds the initial level on any observation date. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold, exposing holders to potential loss of principal tied to the underlying return. Minimum investment is 100 Notes at $10 per Note; estimated initial value is between $9.49 and $9.74 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Freeport‑McMoRan Inc., maturing on August 26, 2027. The Notes pay a periodic contingent coupon only if the underlying closing level on an observation date meets or exceeds a 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.
The Notes repay principal at maturity only if the final level is at or above a downside threshold; otherwise principal is reduced pro rata to the underlying return, and investors may lose a significant portion or all of their investment. Example terms include a hypothetical 13.65% contingent coupon rate, a downside threshold and coupon barrier equal to $60.00 (60.00% of the initial level), an estimated initial value of $9.71 per $10 Note, trade date February 24, 2026, and maturity mechanics tied to observation dates and market‑disruption postponement rules.