UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Freeport-McMoRan Inc. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates. The Notes can be automatically called quarterly beginning after six months if the underlying closes at or above the initial level, in which case UBS will pay principal plus any contingent coupon on the call settlement date. If not called, repayment at maturity depends on the final level relative to a downside threshold; if the final level is below that threshold, repayment can be less than principal and could result in the loss of all principal. Trade date is February 18, 2026, expected settlement February 20, 2026, final valuation date February 15, 2029 and maturity February 20, 2029. Minimum investment is 100 Notes ($1,000) and the estimated initial value range is $9.35 to $9.60 per Note. All payments are subject to the creditworthiness of UBS.
UBS AG delivered a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Zscaler, Inc., due on or about February 22, 2028.
The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates; they are subject to an automatic monthly call (beginning after 12 months) if the underlying closes at or above the initial level. If not called, principal repayment at maturity is contingent: if the final level is below the downside threshold you may suffer a loss equal to the underlying return. Trade date is February 18, 2026 and settlement is expected February 20, 2026. The offering shows a minimum investment of 100 Notes ($1,000), an estimated initial value range of $9.38 to $9.63, and illustrative downside and barrier levels at $60.00 (60% of initial) in the examples.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of United Airlines Holdings, Inc., due on or about February 22, 2027. The Notes have a $10 principal amount per Note and are sold in minimum increments of 100 Notes (representing a $1,000 investment). The trade date is February 18, 2026 with expected settlement on February 20, 2026.
The Notes may pay contingent coupons only when the underlying closing level is at or above the coupon barrier on observation dates and will be automatically called if the underlying is at or above the initial level on any observation date prior to the final valuation date. If not called, principal repayment at maturity depends on whether the final level is at or above the downside threshold; if below, repayment equals $10 x (1 + Underlying Return), possibly resulting in substantial or total loss. Example terms shown include a hypothetical contingent coupon rate of 10.86% per annum and a downside threshold and coupon barrier of $60.00 (60.00% of the initial level). Any payments are subject to the creditworthiness of UBS.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Microsoft Corporation stock due February 22, 2028. The Notes pay a contingent coupon only when the underlying closing level on an observation date is at or above the coupon barrier and are automatically called if the underlying closes at or above the initial level on any semi‑annual observation date beginning after February 18, 2027.
If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; if the final level is below that threshold, repayment is reduced pro rata to the underlying return and you can lose a substantial portion or all of your investment. The Notes have a minimum investment of 100 Notes at $10 per Note and an estimated initial value of $9.83 as of the trade date.
UBS AG is offering preliminary Trigger Autocallable Contingent Yield Notes linked to Microsoft common stock due on or about February 22, 2028. The Notes pay semi-annual contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates and may be automatically called early if the underlying equals or exceeds the initial level on any observation date (semi-annually, beginning after 12 months). At maturity, if not called, principal repayment is contingent: full principal is paid only if the final level is at or above a downside threshold; otherwise repayment is reduced pro rata by the underlying return, potentially resulting in complete loss of principal. Trade and settlement are expected on February 18, 2026 and February 20, 2026, respectively; final valuation and maturity dates are February 17, 2028 and February 22, 2028. Minimum investment is 100 Notes ($1,000). The preliminary estimated initial value range is $9.47 to $9.72 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Microsoft Corporation stock due February 20, 2029. The Notes pay periodic contingent coupons only if the underlying closing level on an observation date meets or exceeds the coupon barrier; otherwise no coupon is paid. The Notes will be automatically called early if the underlying closing level on an observation date prior to the final valuation date is equal to or greater than the initial level, in which case UBS pays principal plus any contingent coupon on the related coupon payment date. If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold you receive the $10 principal per Note; if the final level is below the downside threshold repayment equals $10 x (1 + Underlying Return), exposing you to the negative return of the underlying and possible loss of all principal. Trade date is February 18, 2026, settlement expected February 20, 2026, final valuation date February 15, 2029 and maturity February 20, 2029. Example terms shown include a hypothetical contingent coupon rate of 6.87% per annum, coupon barrier and downside threshold at $70.00 (70% of the initial level), and an estimated initial value of $9.66 per Note as of the trade date.
UBS AG is offering $400,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Meta Platforms, Inc., due February 22, 2028. The Notes pay contingent coupons only if the underlying stock's closing level meets the coupon barrier on each observation date and will be automatically called early if the closing level equals or exceeds the initial level on any observation date prior to the final valuation date. At maturity the principal is repaid only if the final level is at or above the downside threshold; if the final level is below that threshold, investors incur a loss proportional to the underlying return and could lose their entire investment. The Notes have a principal amount of $10 per Note, a minimum purchase of 100 Notes ($1,000), an estimated initial value of $9.86 as of the trade date, and key dates of trade: February 18, 2026, settlement: February 20, 2026, final valuation date: February 17, 2028, and maturity: February 22, 2028.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation, with final terms set on the trade date. The notes pay contingent coupons only if the underlying closes at or above the 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, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise repayment falls with the underlying return and you could lose a significant portion or all of your investment. Key dates: trade date February 18, 2026, settlement date February 20, 2026, final valuation date February 15, 2029, maturity date February 20, 2029. Terms shown include a $10 principal example, minimum purchase of 100 notes ($1,000), an illustrative contingent coupon rate of 6.11% per annum (contingent coupon $0.1528), and an estimated initial value range of $9.36 to $9.61 per note.
UBS AG is offering $260,000 in Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc., due February 20, 2029. The Notes pay periodic contingent coupons only if the underlying closing level on each observation date meets or exceeds a coupon barrier; otherwise no coupon is paid.
The Notes are autocallable: they will be called early if the underlying closing level on any observation date before the final valuation date equals or exceeds the initial level, in which case holders receive principal plus any contingent coupon due on the call settlement date. If not called, principal repayment at maturity is contingent: if the final level is below a downside threshold (example: $50.00, or 50.00 of the initial level in the hypothetical), holders can suffer a principal loss equal to the underlying return and could lose the full investment.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to the common stock of Meta Platforms, Inc. with a final maturity on February 22, 2028. The notes pay periodic contingent coupons only if the underlying meets coupon barriers on observation dates and may be automatically called early if the underlying meets an initial level.
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. Trade date is February 18, 2026 with expected settlement on February 20, 2026. Minimum purchase is 100 notes at $10 per note (a $1,000 initial investment). Estimated initial value range is $9.49 to $9.74 per note, inclusive of UBS internal funding.