UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of DraftKings Inc., maturing February 22, 2028. The Notes pay a contingent coupon only if the underlying closing level on an observation date is at or above the coupon barrier; otherwise no coupon is paid. The Notes 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; on an automatic call UBS pays the 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 UBS pays the principal amount; if the final level is below the downside threshold UBS pays an amount equal to $10 x (1 + Underlying Return), which can result in a percentage loss equal to the underlying return and, in extreme situations, a loss of the entire investment. Key stated terms include a contingent coupon rate of 22.12% per annum, a contingent coupon per $10 Note of $0.553, a downside threshold of $50.00 (50.00% of the initial level) and a coupon barrier of $56.00 (56.00% of the initial level). Trade and settlement dates are February 17, 2026 and February 19, 2026; final valuation and maturity dates are February 17, 2028 and February 22, 2028. The estimated initial value on the trade date is $9.72 per $10 Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to MercadoLibre, Inc. common stock, maturing on or about February 22, 2028. These unsecured notes pay a contingent quarterly coupon only when the stock closes at or above a preset coupon barrier on an observation date.
The notes auto-call quarterly, beginning about six months after issuance, if the stock closes at or above the initial level, returning principal plus that period’s coupon and ending the investment. If not called and the final stock level is at or above the downside threshold, investors receive only their $10 principal per note.
If the notes are not called and the final level is below the downside threshold, repayment is reduced in line with the stock’s decline, and all principal can be lost. Payments depend on UBS’s creditworthiness. The minimum investment is 100 notes at $10 each, and the estimated initial value is expected between $9.42 and $9.67 per note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of DraftKings Inc., maturing on or about February 22, 2028. These are unsecured debt obligations of UBS with no stock ownership in DraftKings.
Investors receive a contingent coupon only if DraftKings’ closing share price on an observation date is at or above a preset coupon barrier; otherwise, no coupon is paid for that period. The notes can be automatically called early if DraftKings’ share price is at or above the initial level on any observation date, in which case investors receive principal plus the due coupon and the product terminates.
If the notes are not called and DraftKings’ final share price is at or above a downside threshold on the final valuation date, investors get back principal (and a final coupon if the coupon barrier is also met). If the final price is below the downside threshold, repayment is reduced in line with the stock’s decline, and the entire investment can be lost. Notes are sold in minimums of 100 at $10 per note, with an estimated initial value between $9.38 and $9.63, and are not exchange-listed.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the American depositary receipts of Petróleo Brasileiro S.A., maturing around February 19, 2027. These unsecured senior notes pay a contingent coupon only when the underlying ADR closes at or above a preset coupon barrier on scheduled observation dates.
The notes are automatically called early if the ADR’s closing level on any observation date before maturity is at or above the initial level, in which case investors receive principal plus the applicable contingent coupon and no further payments. If the notes are not called and the final ADR level is at or above a downside threshold, investors receive only the $10 principal per note at maturity; if it is below that threshold, repayment is reduced in line with the ADR’s percentage decline and can fall to zero.
The notes are subject to UBS credit risk, are not bank deposits or FDIC insured, will not be listed on an exchange, and may be difficult to sell. The minimum investment is 100 notes at $10 each, and the estimated initial value is expected between $9.25 and $9.50 per note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Advanced Micro Devices, Inc. common stock, maturing on February 22, 2028. These are unsecured UBS debt obligations, not bank deposits and not FDIC insured.
Investors receive a contingent coupon only when AMD’s closing share price on an observation date is at or above a preset coupon barrier. If on any observation date before maturity AMD’s price is at or above the initial level, the notes are automatically called and repay principal plus the due contingent coupon, with no further payments.
If the notes are not called and AMD’s final level is at or above the downside threshold, principal is repaid at maturity. If the final level is below the downside threshold, repayment is reduced in line with AMD’s percentage decline, and investors can lose all principal. All payments depend on UBS’s credit, the notes will not be listed on an exchange, the minimum investment is 100 notes at $10 each, and the estimated initial value is $9.79 per note.
UBS AG is offering $100,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation, maturing on February 22, 2028. These unsecured notes pay a contingent coupon only when Oracle’s closing price is at or above a preset coupon barrier on observation dates.
The notes can be called early if Oracle’s price on any observation date before maturity is at or above the initial level, in which case holders receive principal plus the applicable contingent coupon and the notes terminate. If not called and Oracle’s final price is at or above the downside threshold at maturity, investors receive full principal back, with any final contingent coupon if the coupon barrier is met.
If the notes are not called and Oracle’s final price falls below the downside threshold, repayment is reduced in line with the stock’s percentage decline, and investors can lose their entire investment. An example structure shows an approximately two-year term, an 18.53% per annum contingent coupon, a $50 downside threshold and a $56 coupon barrier for a $10 note. All payments depend on UBS’s creditworthiness, and the estimated initial value is $9.74 per note.
UBS AG offers a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc. The Notes have a trade date of February 17, 2026, settlement February 19, 2026, a final valuation date of February 17, 2028 and maturity on February 22, 2028.
The Notes are unsecured debt that pay periodic contingent coupons only if the underlying closing level meets the coupon barrier on observation dates, feature an automatic call if the underlying equals or exceeds the initial level on an observation date, and repay principal at maturity only if the final level is at or above the downside threshold; otherwise principal declines with the underlying return. Principal amount per Note is $10 and minimum investment is 100 Notes ($1,000). The estimated initial value range is $9.44 to $9.69 as of the trade date.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to Oracle Corporation stock due on or about February 22, 2028. 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 can be automatically called early if the underlying closes at or above the initial level on an observation date, in which case holders 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 below the downside threshold, holders suffer a loss equal to the underlying return and could lose all principal. Trade date is February 17, 2026 with settlement expected February 19, 2026. Minimum investment is 100 notes ($1,000). An illustrative contingent coupon rate is 17.59% per annum and the estimated initial value range is $9.44 to $9.69 per $10 note. All payments are subject to the creditworthiness of UBS.
UBS AG offers $2,000,000 of Trigger Callable Contingent Yield Notes linked to the least performing of EEM, KRE and XLF, with a 15.00% per annum contingent coupon and a principal of $1,000 per Note.
The Notes have monthly observation dates (callable after three months), a Trade Date of February 12, 2026, expected Settlement on February 18, 2026, a Final Valuation Date of February 12, 2029 and Maturity on February 15, 2029. The estimated initial value per Note is $984.70.
UBS AG is offering $8.685 million of Capped Leveraged Buffered S&P 500 Index‑Linked Medium‑Term Notes due June 7, 2028. These notes pay no interest and repay at maturity based on S&P 500 performance between February 12, 2026 and June 5, 2028.
Investors get 160% upside exposure to index gains, capped at a maximum settlement of $1,257.60 per $1,000 face amount, corresponding to a cap level of 116.10% of the initial index level of 6,832.76. A 15% downside buffer protects principal for moderate declines.
If the index falls more than 15%, losses accelerate at about 1.1765% of face value for each additional 1% drop, and investors can lose their entire investment. The estimated initial value is $998 per $1,000, the notes are unsecured obligations of UBS, not FDIC‑insured, and are not listed, so secondary liquidity may be limited.