UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc., maturing on February 20, 2029. The notes pay periodic contingent coupons only if the underlying meets observation-date barriers and may be automatically called early if the underlying meets the initial level on an observation date.
The notes have a minimum investment of 100 Notes at $10 per Note and an estimated initial value range of $9.34 to $9.59 per Note. Example terms shown include a hypothetical contingent coupon rate of 21.99% per annum, a downside threshold of $50.00 (50% of the initial level) and scenarios where principal could be reduced to as low as $3.00 per Note.
UBS AG is offering $800,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Vistra Corp., maturing on February 20, 2029. The Notes pay a contingent coupon only when the underlying closing level on an observation date meets or exceeds the coupon barrier and will be automatically called if the underlying equals or exceeds the initial level on any quarterly observation date beginning after six months.
If not called, repayment at maturity depends on the final level relative to a downside threshold (60% of the initial level in the examples). If the final level is below that threshold, principal repayment is reduced proportionally (for example, one scenario pays $3.60 per $10 Note), and investors may lose a significant portion or all of their investment. Payments are subject to UBS credit risk. The estimated initial value on the trade date is $9.71 per $10 Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Vistra Corp. with a term to approximately February 20, 2029, subject to delivery of final Offering Documents and completion of pricing.
Key disclosed terms: trade date February 18, 2026, settlement February 20, 2026, final valuation date February 15, 2029, maturity February 20, 2029, principal amount per Note $10, contingent coupon rate example 15.54% per annum, estimated initial value range $9.34 to $9.59, and downside threshold and coupon barrier illustrated at $60.00 (60.00% of the Initial Level). The Notes pay contingent coupons only if observation-date levels meet the coupon barrier, may autocall quarterly if observation-date levels meet or exceed the initial level, and repay principal at maturity only if the final level is at or above the downside threshold; otherwise principal may be reduced, potentially to zero. All payments are subject to UBS credit risk.
UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Amazon.com, Inc. stock due February 22, 2028. 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 any observation date. If not called, principal is repaid at maturity only if the final level is at or above the downside threshold; otherwise repayment is reduced proportionally to the underlying return and investors can lose a significant portion or all principal. Payments depend on UBS's creditworthiness. The Notes have a $10 principal per Note, an estimated initial value of $9.74, and an illustrative contingent coupon rate of 9.47% per annum in the examples.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Amazon.com, Inc., due on or about February 22, 2028. The Notes pay a periodic contingent coupon only if the closing level of the underlying meets a coupon barrier on observation dates and are subject to automatic early redemption if the underlying equals or exceeds the initial level on any observation date prior to the final valuation date. The Notes repay the $10 principal at maturity only if the final level is at or above a disclosed downside threshold; otherwise repayment at maturity may be reduced pro rata to reflect the negative underlying return, potentially resulting in a substantial or total loss of principal.
The trade date is February 18, 2026, expected settlement is February 20, 2026, the final valuation date is February 17, 2028, and the estimated initial value range on the trade date is between $9.44 and $9.69 per Note. The preliminary supplement states a hypothetical contingent coupon rate of 8.73% per annum (contingent coupon example $0.2183 per $10 Note) and illustrative downside examples (e.g., a $3.90 payout per $10 Note in one scenario). These terms are subject to completion and will be set on the trade date.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Intuit Inc., due February 20, 2029. The Notes pay periodic contingent coupons only if the underlying meets a coupon barrier on observation dates and may be automatically called early if the underlying equals or exceeds the initial level on an observation date. If not called, principal repayment at maturity is contingent on the final level relative to a downside threshold; if the final level is below that threshold, investors can suffer losses up to the full principal. Payments depend on UBS's creditworthiness. Trade and settlement dates are February 18, 2026 and February 20, 2026, respectively.
UBS AG is offering $350,000 of Trigger Autocallable Contingent Yield Notes linked to Amazon.com, Inc. common stock due February 22, 2028. The Notes pay contingent semi‑annual coupons only if the underlying closing level meets the coupon barrier and can be automatically called after ~12 months if the underlying equals or exceeds the initial level on an observation date. If not called, principal is repaid at maturity only if the final level is at or above the 70.00% downside threshold; otherwise repayment at maturity will decline in line with the underlying return and could result in a total loss. Payments are subject to UBS credit risk; estimated initial value was $9.85 per Note and minimum investment is 100 Notes.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Intuit Inc. via a preliminary pricing supplement dated February 18, 2026. The Notes mature on February 20, 2029 with a final valuation date of February 15, 2029.
The Notes pay contingent coupons only if the underlying closing level meets the coupon barrier on specified observation dates and are automatically called 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 is returned only if the final level is at or above the downside threshold (example: $10 principal, 60.00% downside threshold). Example terms in the supplement show a hypothetical contingent coupon rate of 14.53% per annum (contingent coupon $0.3633) and an estimated initial value range of $9.31 to $9.56 per Note. Minimum investment is 100 Notes ($1,000).
UBS AG offers preliminary Trigger Autocallable Contingent Yield Notes linked to Amazon.com, Inc. stock due on or about February 22, 2028. The notes pay semi‑annual contingent coupons only if the underlying closing level meets a coupon barrier and may be automatically called beginning after 12 months if the underlying equals or exceeds the initial level on an observation date. If not called, principal is repaid at maturity only if the final level is at or above a 70.00% downside threshold; otherwise, repayment declines proportionally to the underlying return and full loss of principal is possible.
The trade date is February 18, 2026 with expected settlement February 20, 2026. Minimum investment is 100 notes at $10 per note; UBS estimates the initial value between $9.49 and $9.74. Example contingent coupon rate shown is 11.73% per annum (hypothetical). Terms are preliminary and subject to final pricing supplement and accompanying product supplement and prospectus.
UBS AG offers $300,000 Trigger Autocallable Contingent Yield Notes linked to The Walt Disney Company common stock. The Notes pay semi‑annual contingent coupons only if the underlying closing level meets the coupon barrier and are subject to an automatic early call if the underlying equals or exceeds the initial level on an observation date.
The Notes trade on February 18, 2026 with expected settlement on February 20, 2026, a final valuation date of February 17, 2028 and maturity on February 22, 2028. At maturity, repayment of principal is contingent on the final level relative to the downside threshold; investors may lose a significant portion or all of their principal and payments are subject to UBS credit risk.