UBS AG offers $1,520,000 of Trigger Autocallable Contingent Yield Notes linked to the least performing of KRE and XLF, due February 23, 2029. The Notes pay a 10.45% per annum contingent coupon when both ETFs meet coupon barriers on observation dates, are callable quarterly beginning after six months, and repay principal at maturity only if both underlyings are at or above their 70.00% downside thresholds of initial levels. The estimated initial value per Note is $967.10 versus an issue price of $1,000 per Note. The Notes are unsecured obligations of UBS and subject to UBS credit risk and limited secondary market liquidity.
UBS AG is offering $1,800,000 of Trigger Callable Contingent Yield Notes due February 25, 2031. The notes pay a monthly contingent coupon (17.45% per annum, contingent coupon $14.5417 per $1,000 Note) only if the closing level of each underlying asset meets its coupon barrier on an observation date. The notes are linked to the least performing of three underlyings: the Nasdaq-100® Technology Sector, the Russell 2000® Index and shares of the VanEck® Semiconductor ETF. If UBS does not call the notes and the final level of any underlying asset is below its downside threshold (60% of initial level), repayment at maturity can be less than principal, with loss equal to the negative return of the least performing underlying asset; in extreme cases you could lose all principal. Trade date and initial levels are set on February 20, 2026 with settlement expected February 25, 2026. The estimated initial value per Note was $983.40, below the $1,000 issue price.
UBS AG is offering $2,000,000 of Trigger Autocallable Contingent Yield Notes with Memory Interest linked to Oracle Corporation common stock, due February 25, 2028. The Notes pay a contingent coupon of 16.70% per annum if the underlying closing level on an observation date meets or exceeds a coupon barrier, and are automatically callable on quarterly observation dates beginning after six months if the closing level meets the call threshold.
The Notes reference an Initial Level of $148.08, a Call Threshold of $148.08 (100.00% of the Initial Level), and a Downside Threshold/Coupon Barrier of $74.04 (50.00% of the Initial Level). The estimated initial value was $971.70 and the issue price is $1,000.00 per Note; proceeds to UBS total $1,953,000.00. Payments, including any principal repayment, are subject to UBS credit risk.
UBS AG offers $877,000 of Trigger Callable Contingent Yield Notes due February 25, 2031. The Notes pay a 7.00% per annum contingent coupon only if, on each observation date, the closing level of each underlying index (Dow Jones Industrial Average®, Nasdaq-100®, S&P 500®) is at or above its coupon barrier.
If UBS elects to call the Notes on any quarterly call date (beginning after 12 months), holders receive principal plus any accrued contingent coupon on the call settlement date. If not called, repayment at maturity is full principal only if each final level is at or above its downside threshold (70.00% of initial levels); otherwise repayment is reduced pro rata by the percentage decline of the least performing underlying asset.
UBS AG is offering Trigger Autocallable Contingent Yield Notes with Memory Interest linked to Delta Air Lines common stock due on or about March 2, 2029. The Notes pay a contingent coupon of $10.80% per annum subject to quarterly observation dates and a coupon barrier; they are autocallable if the underlying closes at or above the call threshold (100% of the initial level) on an observation date. If not called, principal repayment at maturity is contingent: full principal is paid if the final level is at or above the downside threshold (50% of the initial level); otherwise repayment is reduced pro rata to the decline in the underlying, with potential for total loss. Issue price per Note is $1,000.00 and estimated initial value range on the trade date is $942.30 to $972.30. Payments are subject to UBS credit risk. The strike date and trade date are February 27, 2026 and settlement is expected March 4, 2026.
UBS AG is offering $600,000 of Trigger Callable Contingent Yield Notes due February 25, 2028. The notes pay a contingent coupon of 10.25% per annum (per note contingent coupon $8.5417) only if each underlying index meets its monthly coupon barrier; otherwise no coupon is paid.
If UBS does not call the notes and the final level of any underlying index is below its downside threshold (60% of initial level), principal is reduced pro rata to the negative return of the least performing underlying asset. The notes are unsecured obligations of UBS and repayment is subject to UBS creditworthiness.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Russell 2000® Index and the S&P 500® Index due January 24, 2031. The offering size is $532,000.00 at an issue price of $1,000 per Note and an estimated initial value of $958.90 as of the trade date. The Notes pay a contingent coupon of 8.70% per annum (contingent coupon = $7.25 per payment) only when both underlying indices meet their coupon barriers on each observation date. UBS may call the Notes in whole (but not in part) on monthly observation dates beginning after six months; principal repayment at maturity is contingent on the final levels relative to the downside thresholds, exposing holders to potential partial or total loss of principal.
UBS AG offers $350,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100 Index, the Russell 2000 Index and shares of the State Street Energy Select Sector SPDR ETF. The Notes pay a 11.15% per annum contingent coupon on scheduled coupon payment dates only if the closing level of each underlying asset is at or above its coupon barrier on the related coupon observation date. UBS may call the Notes in whole on any call date beginning after six months; if called you receive principal plus any contingent coupon then due. If not called, principal is repaid at maturity February 23, 2029 only if each final level is at or above its downside threshold; otherwise the cash payment equals $1,000×(1+underlying return of the least performing underlying asset), which can result in a significant loss up to the loss of the full principal. The estimated initial value on the trade date is $979.30 and the issue price per Note is $1,000.
UBS AG London Branch offers Buffered Contingent Income Auto-Callable Securities linked to the common stock of Freeport-McMoRan Inc. (initial price $64.34). Each security has a stated principal amount of $1,000.00, a contingent payment of $13.7334 (~16.48% per annum), and a term maturing on February 26, 2027. The call threshold equals $64.34 (100% of the initial price); the downside threshold equals $45.04 (70% of the initial price). If underlying closing prices meet the downside threshold on determination dates, contingent payments are paid and the securities may be auto‑redeemed if the call threshold is met; if final price is below the downside threshold and securities are not called, holders receive a cash value that may be substantially less than principal. Payments are subject to the credit risk of UBS AG. Estimated initial value on the pricing date is between $961.30 and $991.30.
UBS AG is offering Buffer Autocallable Contingent Yield Notes linked to the least performing of the Nasdaq-100 and Russell 2000. The offering totals $375,000 (at an issue price of $1,000 per Note) with a contingent coupon of 6.50% per annum, a 15% buffer, monthly observation dates and a final maturity of February 21, 2031. The Notes are callable monthly, callable after 12 months; if automatically called, holders receive principal plus any contingent coupon then due. If not called, principal repayment at maturity is contingent on the final levels of the underlying indices relative to downside thresholds, and losses can exceed the buffer, potentially resulting in a near-total loss. Any payments depend on the creditworthiness of UBS. The estimated initial value per Note was $936.30.