UBS AG offers Trigger Autocallable Contingent Yield Notes linked to Netflix common stock due February 20, 2029. The Notes pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates and can be automatically called quarterly beginning after six months if the underlying equals or exceeds the initial level.
If not called, repayment at maturity is contingent: full principal is paid only if the final level is at or above the downside threshold; otherwise principal is reduced proportionally to the underlying return and investors could lose a significant portion or all of their investment. Payments depend on UBS creditworthiness. Minimum investment is 100 Notes at $10 per Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of The Walt Disney Company, due on or about February 22, 2028. The notes pay contingent semiannual coupons only if the underlying stock meets the coupon barrier on an observation date and will be automatically called early if the underlying equals or exceeds the initial level on any semiannual observation (beginning after 12 months). If not called, principal repayment at maturity is contingent: full principal is paid if the final level is at or above the downside threshold (example: $75.00, 75.00% of the initial level); if below, repayment equals $10 x (1 + Underlying Return), which can result in a significant loss or total loss of principal. Key dates: trade date February 18, 2026, settlement February 20, 2026, final valuation date February 17, 2028, maturity February 22, 2028. Minimum investment is 100 Notes ($1,000); estimated initial value is between $9.48 and $9.73 per Note. All payments are subject to UBS credit risk.
UBS AG has published a preliminary pricing supplement for $• Trigger Autocallable Contingent Yield Notes linked to the common stock of Netflix, Inc., with final terms to be set on the trade date and an expected maturity on February 20, 2029. The trade date is February 18, 2026 and expected settlement is February 20, 2026. The Notes have a principal amount of $10 per Note and a minimum purchase of 100 Notes (a $1,000 minimum investment). UBS discloses an example contingent coupon rate of 12.61% per annum (example coupon $0.3153) and an estimated initial value range of $9.38 to $9.63 per Note. Example downside and barrier levels in the supplement show a coupon barrier and downside threshold of $70.00 (70.00% of the initial level). These Notes are unsecured obligations of UBS; payments, including contingent coupons and any repayment of principal, are subject to UBS’s creditworthiness. This document is preliminary and the offering is subject to delivery of final Offering Documents and applicable restrictions.
The issuer UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Alphabet Inc. The Notes have a principal amount of $10 per Note, a term of approximately 2 years, a contingent coupon rate of 8.46% per annum (contingent coupon of $0.2115 per $10 Note) and an estimated initial value of $9.74 as of the trade date. Trade and settlement are shown as February 18, 2026 and February 20, 2026, with a final valuation date of February 17, 2028 and maturity on February 22, 2028. The Notes will automatically call early if the underlying closing level on any observation date prior to the final valuation date is equal to or greater than the initial level. If not called, repayment at maturity is contingent: if the final level is at or above the downside threshold ($65.00, which is 65.00% of the initial level), UBS will repay the principal; if the final level is below the downside threshold, repayment will equal $10 x (1 + Underlying Return), which can result in substantial principal loss, including loss of the entire investment. Minimum initial investment is 100 Notes ($1,000). Any payments are subject to the creditworthiness of UBS AG.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Caterpillar Inc., due February 22, 2028. The Notes pay periodic contingent coupons only if the underlying stock closes at or above a coupon barrier on observation dates 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.
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 investors can lose a significant portion or all of their principal. The offering includes a $10 per Note principal example, an illustrative contingent coupon of 10.80% per annum (example contingent coupon $0.27), an illustrative downside threshold of $60.00 (60.00% of the initial level), and an estimated initial value of $9.75 as of the trade date. All payments are subject to UBS credit risk and the Notes will not be exchange listed.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to ServiceNow, Inc., due February 22, 2027. The offering on the cover shows $401,000 in aggregate and a minimum investment of 100 Notes ($1,000). The Notes pay a contingent coupon only when the underlying closing level meets or exceeds a coupon barrier on observation dates; otherwise no coupon is paid. The Notes will be automatically called early if the underlying closing level on any observation date is equal to or greater than the initial level, in which case investors receive principal plus any contingent coupon on the call settlement date. If not called, principal repayment at maturity is contingent: if the final level is at or above the downside threshold the principal is repaid; if below, repayment is reduced pro rata to the underlying return and investors could lose up to all of their investment. The estimated initial value per Note was $9.81 as of the trade date; the disclosed hypothetical contingent coupon rate is 17.05% per annum (contingent coupon $0.4263 per $10 Note).
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Alphabet Inc. due on or about February 22, 2028. The notes pay contingent coupons only if observation‑date closing levels meet the coupon barrier and may be automatically called if an observation date closing level is at or above the initial level. 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; otherwise principal is reduced proportionally to the underlying return, potentially resulting in a total loss.
Trade date is February 18, 2026 with settlement on February 20, 2026. Minimum investment is 100 notes at $10 per note. Estimated initial value is between $9.44 and $9.69 per note. All payments are subject to the creditworthiness of UBS.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Caterpillar Inc. The preliminary pricing supplement sets a trade date of February 18, 2026 and a maturity date of February 22, 2028. The Notes pay a contingent coupon on each coupon payment date only if the underlying closing level meets or exceeds the coupon barrier; otherwise no coupon is paid.
The Notes feature an automatic call if the underlying closes at or above the initial level on an observation date, paying principal plus any contingent coupon on the related call settlement date. If not called and the final level is below the downside threshold, principal repayment at maturity is reduced pro rata to the underlying return; extreme outcomes could result in loss of the entire principal. Minimum investment is 100 Notes at $10 per Note and the estimated initial value range is $9.44 to $9.69.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of ServiceNow, Inc. due on or about February 22, 2027. The notes pay periodic contingent coupons only if the underlying closing level is at or above a coupon barrier on observation dates and will autocall early if the underlying closes at or above the initial level on any prior observation date. If not autocalled, principal repayment at maturity is contingent: full principal is returned if the final level is at or above the downside threshold (stated as $60.00, 60.00% of initial level in examples); if below, repayment is reduced pro rata to the underlying return and could result in a total loss. Trade date and related dates include trade date February 18, 2026, settlement February 20, 2026, final valuation date February 18, 2027, and maturity February 22, 2027. Example contingent coupon shown is 13.70% per annum with hypothetical estimated initial values between $9.45 and $9.70 per $10 note. All payments are subject to UBS credit risk.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Microsoft Corporation, maturing on August 20, 2027. The Notes pay a contingent coupon on each coupon payment date only if the underlying closing level on the applicable observation date is at or above the coupon barrier; otherwise no coupon is paid.
The Notes will be automatically called early if the underlying closing level on any observation date before the final valuation date is at or above the initial level, in which case holders receive principal plus any contingent coupon on the corresponding call settlement date. 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 at maturity is reduced proportionally to the underlying return and investors could lose a substantial portion or all of their investment. The offering minimum is 100 Notes ($1,000); the estimated initial value as of the trade date is $9.79. All payments, including principal, are subject to the creditworthiness of UBS.