UBS AG SEC Filings

UBS AG is offering Capped Market-Linked Notes due March 4, 2027 linked to the least performing of the Russell 2000® Index and the S&P 500® Index. The Notes pay at maturity either the principal or principal plus a capped upside: $1,074.00 maximum payment per $1,000 Note (7.40% maximum gain).

Terms set on the strike date (February 23, 2026); final payoff depends on the least performing underlying return on the final valuation date (March 1, 2027). Payments and any principal repayment are subject to UBS credit risk and the Notes are not exchange-listed.

UBS is offering Phoenix Autocallable Buffer Notes with Memory Interest linked to the common stock of The Boeing Company. The Notes have a $1,000 principal amount per Note, trade date February 27, 2026, expected settlement March 4, 2026, and scheduled maturity March 17, 2027. The terms include quarterly interest observation and autocall dates, an interest barrier equal to 85.00% of the initial price, a downside threshold equal to 85.00% of the initial price, and a minimum contingent interest payment of $40.40 per Note when conditions are met. If not called and the final price is below the downside threshold, payment at maturity is a cash equivalent based on a share delivery amount and may be worth less than principal. Estimated initial value range is $956.40 to $986.40. Payments depend on UBS creditworthiness; holders may lose some or all of their investment.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Micron Technology common stock, due February 25, 2027.

The Notes pay a contingent coupon on coupon dates only if the underlying closing level meets or exceeds a coupon barrier; they are automatically callable on quarterly observation dates (beginning after 6 months) if the underlying equals or exceeds the initial level. If not called and the final level is below the downside threshold, principal repayment at maturity is contingent and may reflect the percentage decline in the underlying, potentially causing substantial or total loss.

Key disclosed terms: principal $10 per Note, example contingent coupon rate 28.00% per annum (contingent coupon $0.70), example downside threshold and coupon barrier shown at $57.00 (57.00% of initial level), estimated initial value $9.72, minimum investment 100 Notes ($1,000). All payments are subject to UBS credit risk.

UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Salesforce, Inc. The document describes a structured note with a stated header amount of $300,000, a Trade Date of February 23, 2026, Settlement Date February 25, 2026, Final Valuation Date February 23, 2027 and Maturity Date February 25, 2027. The Notes pay a contingent coupon only when the underlying closing level meets or exceeds a coupon barrier on an observation date; otherwise no coupon is paid. The Notes are subject to an automatic call if the underlying closing level on any observation date prior to maturity is equal to or greater than the initial level, in which case holders receive principal plus any contingent coupon then due. If not called, repayment of principal at maturity is contingent on the final level being at or above a downside threshold of 75.00% of the initial level; if below that threshold, investors suffer principal loss equal to the underlying return. Minimum investment is 100 Notes at $10 per Note; the estimated initial value was $9.80. Any payments depend on UBS's creditworthiness.

UBS AG published a preliminary pricing supplement for $• Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc., due on or about February 25, 2027. The trade date is February 23, 2026 with settlement on February 25, 2026.

The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates (quarterly, beginning after six months). The Notes have an automatic call if the underlying closes at or above the initial level on any observation date prior to maturity. If not called, principal repayment at maturity is contingent: full principal if the final level is at/above the downside threshold; otherwise repayment declines in proportion to the underlying return, potentially to zero. Estimated initial value at trade date is between $9.42 and $9.67 per $10 Note. Minimum investment: 100 Notes ($1,000). Payments are subject to the creditworthiness of UBS.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Salesforce, Inc., due on or about February 25, 2027. The trade date is February 23, 2026 with expected settlement on February 25, 2026. The Notes pay periodic contingent coupons only if the underlying closes at or above a coupon barrier on observation dates and will be automatically called if the underlying closes at or above the initial level on any prior observation date. If not called, repayment at maturity depends on the final level versus a downside threshold; principal can be lost if the final level is below that threshold. Minimum investment is 100 Notes at $10 per Note. The preliminary estimated initial value range is $9.48 to $9.73. Example contingent coupon shown is 22.36% per annum (yielding $0.559 per $10 Note in a sample period). All payments are subject to the creditworthiness of UBS AG.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the shares of the Invesco QQQ, Series 1, maturing on February 25, 2027. The notes pay a contingent coupon only if the underlying closes at or above the coupon barrier on an observation date; otherwise no coupon is paid. UBS will automatically call the notes early if the underlying closes at or above the initial level on any observation date prior to the final valuation date; called notes pay principal plus any contingent coupon then due. If not called, principal repayment at maturity is contingent: if the final level is below the downside threshold (example: $80.00, or 80% of initial level), redemption may be less than principal and could result in a loss up to 100% of principal. Terms shown: trade date February 23, 2026, settlement February 25, 2026, final valuation date February 23, 2027, maturity February 25, 2027. Notes are sold in minimum increments of 100 notes at $10 per note; the estimated initial value is $9.83. Any payment depends on UBS's creditworthiness.

UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the Invesco QQQ ETF. The notes have a $10 principal amount per note, expected trade date February 23, 2026, expected settlement February 25, 2026, final valuation date February 23, 2027, and maturity February 25, 2027.

The notes pay periodic contingent coupons only if the closing level of the underlying asset on an observation date is at or above the coupon barrier. They are subject to an automatic call if the underlying equals or exceeds the initial level on any observation date, in which case holders receive principal plus any contingent coupon on the related call settlement 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 (example: $80.00, or 80.00% of the initial level); otherwise repayment declines pro rata with the underlying, potentially resulting in the loss of most or all principal.

Minimum investment is 100 Notes ($1,000). UBS estimates the initial value range at $9.59 to $9.84 per note. Any payments depend on UBS's creditworthiness.

UBS AG offers $500,000 Trigger Autocallable Contingent Yield Notes linked to the KraneShares CSI China Internet ETF due February 25, 2027. The Notes pay a 14.75% per annum contingent coupon only when the underlying closes at or above an 85.00% coupon barrier on observation dates, and feature an automatic call if the underlying closes at or above the initial level on any prior observation date. If not called, principal repayment at maturity is contingent: full principal is paid only if the final level is at or above the 85.00% downside threshold; otherwise repayment equals $10 x (1 + underlying return), exposing investors to downside market loss up to the full principal. Trade and settlement dates are February 23, 2026 and February 25, 2026, with final valuation on February 23, 2027. Estimated initial value per $10 Note is $9.72. Payments depend on UBS creditworthiness.