UBS AG is offering $350,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of United Airlines Holdings, Inc., maturing on January 8, 2029. Each Note has a $10 principal amount and pays a 13.41% per annum contingent coupon (about $0.3353 per period) only when the stock closes at or above the coupon barrier, set at 60% of the initial level. The Notes are automatically called if, on any observation date before maturity, the stock closes at or above its initial level; in that case, investors receive $10 plus the applicable coupon and the Notes terminate early.
If the Notes are not called and, on the final valuation date, the stock is at or above the downside threshold (also 60% of the initial level), UBS repays the $10 principal plus any final coupon. If the stock finishes below this threshold, repayment is reduced in line with the stock’s percentage decline, and investors can lose up to 100% of their principal. The estimated initial value is $9.73 per $10 Note, and all payments depend on the creditworthiness of UBS AG. The Notes are not listed on any exchange and are not insured by the FDIC.
UBS AG is offering $235,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Under Armour, Inc., maturing on January 7, 2027. Each Note has a $10 principal amount and can pay a contingent coupon only if, on the relevant observation date, the Under Armour share price is at or above a preset coupon barrier. The notes may be automatically called early if the share price 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 Under Armour share price is at or above the downside threshold, investors receive only their principal back at maturity, plus any final contingent coupon. If the final share price is below the downside threshold, repayment is reduced in line with the share’s percentage decline, and investors can lose all of their investment. An example in the document shows a 14.70% per annum contingent coupon rate and a downside threshold and coupon barrier set at 70% of the initial level. All payments depend on UBS’s credit, and the notes will not be listed on any exchange.
UBS AG is offering $580,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Netflix, Inc., maturing on January 7, 2027. The Notes pay a contingent coupon only if Netflix’s closing share price on an observation date is at or above a preset coupon barrier; otherwise no coupon is paid for that period. UBS may automatically call the Notes early if Netflix’s share price is at or above the initial level on any observation date before maturity, in which case investors receive their principal plus any due coupon and the Notes terminate.
If the Notes are not called and Netflix’s final share price on the valuation date is at or above the downside threshold, investors receive their full principal at maturity, potentially with a final coupon. If the final price is below the downside threshold, repayment is reduced in line with the share price decline, and investors can lose most or all of their investment. The minimum investment is 100 Notes at $10 each, and the estimated initial value is $9.81 per $10 Note. All payments depend on UBS’s creditworthiness, and the Notes will not be listed on any exchange.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, maturing on or about January 8, 2029. These unsecured debt notes can pay periodic contingent coupons, but only if NVIDIA’s closing level on each observation date is at or above a preset coupon barrier.
The notes may be automatically called before maturity if NVIDIA’s closing level on any observation date (except the final one) is at or above the initial level, in which case investors receive the principal plus any due coupon and no further payments. If the notes are not called and NVIDIA’s final level is at or above a downside threshold, investors receive full principal back; if it is below, repayment is reduced in line with the stock’s decline, and the entire investment can be lost.
The notes are subject to UBS’s credit risk, will not be listed on any exchange, and are offered in minimums of 100 notes at $10 per note. The estimated initial value per note on the trade date is expected to be between $9.36 and $9.61, which is below the issue price.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Snap Inc. The Notes pay a contingent coupon only when Snap’s 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 Snap’s share price on any observation date before maturity is at or above the initial level, in which case investors receive the principal plus any due coupon and the product terminates. If the Notes are not called and Snap’s final share price is at or above the downside threshold, investors receive full principal at maturity; if it is below this threshold, repayment is reduced in line with Snap’s decline and can fall to zero.
The Notes are unsecured, unsubordinated debt of UBS AG, so all payments depend on UBS’s credit. They are offered in minimum denominations of 100 Notes at $10 per Note, will not be listed on an exchange, and have an expected term from January 7, 2026 to January 7, 2028.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Under Armour, Inc., maturing on or about January 7, 2027. These unsecured, unsubordinated debt obligations can pay periodic contingent coupons, but only if the Under Armour share price on each observation date is at or above a specified coupon barrier; otherwise no coupon is paid for that period.
The notes may be automatically called early if the stock closes at or above the initial level on any observation date before the final valuation date, in which case holders receive the principal plus any due contingent coupon and no further payments. If the notes are not called and the final stock level is at or above a downside threshold, investors receive only their principal at maturity. If the final level is below the downside threshold, repayment is reduced in line with the stock’s decline, and investors can lose some or all of their initial investment.
The notes are issued in denominations of $10 per Note, with a minimum investment of 100 Notes (a $1,000 investment). The estimated initial value per Note on the trade date is expected to be between $9.19 and $9.44, based on UBS internal pricing models. Payments depend on both Under Armour’s share performance and the creditworthiness of UBS, and the notes will not be listed on any securities exchange.
UBS AG is offering $335,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation, scheduled to mature on January 7, 2027. These unsecured debt notes can pay periodic contingent coupons, but only when Oracle’s share price on an observation date is at or above a preset coupon barrier; otherwise no coupon is paid for that period. The notes are automatically called early if Oracle’s share price on any observation date before maturity is at or above the initial level, in which case investors receive the principal plus any due coupon and the product terminates. If the notes are not called and Oracle’s share price on the final valuation date is at or above a downside threshold, investors receive back their principal at maturity, with any final coupon if conditions are met. If the final price is below the downside threshold, repayment is reduced in line with Oracle’s percentage decline from the initial level, and investors can lose some or all of their investment. All payments depend on the creditworthiness of UBS, and the notes will not be listed on an exchange.
UBS AG is offering $184,000 of Trigger Autocallable Contingent Yield Notes linked to Micron Technology, Inc. common stock, maturing on January 8, 2029. The notes pay contingent coupons only if Micron’s share price on each observation date is at or above a preset coupon barrier, and may be automatically called early if the share price is at or above the initial level, returning principal plus any due coupon.
If the notes are not called and Micron’s final share price is at or above a downside threshold, investors receive their principal at maturity; if it is below that threshold, repayment is reduced in line with the share’s decline, up to a total loss of principal. The notes are unsecured debt obligations of UBS, not insured or exchange‑listed, sold in minimums of 100 notes at $10 each, with an estimated initial value of $9.74 per note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Oracle Corporation, maturing on or about January 7, 2027. These unsecured debt securities pay contingent coupons only when Oracle’s closing share price on specified observation dates is at or above a preset coupon barrier; otherwise no coupon is paid for that period.
The Notes can be automatically called early if Oracle’s share price on any observation date before maturity is at or above the initial level. In that case, investors receive their principal plus the applicable contingent coupon on the call settlement date, and the Notes terminate. If the Notes are not called and Oracle’s final share price on the valuation date is at or above a downside threshold, investors receive only their principal back at maturity.
If the Notes are not called and Oracle’s final share price is below the downside threshold, repayment is reduced in line with the stock’s percentage loss, and investors can lose all of their initial investment. All payments depend on the creditworthiness of UBS AG. The minimum investment is 100 Notes at $10 each, and the estimated initial value per Note on the trade date is expected to be between $9.44 and $9.69.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc., maturing on or about January 8, 2029. These unsecured, unsubordinated debt securities can pay a periodic contingent coupon, but only if Micron’s share price on each observation date is at or above a preset coupon barrier.
The Notes are automatically called early if Micron’s share price on any observation date before maturity is at or above the initial level. In that case, investors receive their principal back plus the applicable contingent coupon, and the Notes terminate. If the Notes are not called and Micron’s final share price is at or above the downside threshold, investors receive their full principal at maturity, potentially with a final contingent coupon.
If the Notes are not called and Micron’s final share price is below the downside threshold, repayment is reduced in line with Micron’s decline, and investors can lose some or all of their principal. All payments depend on the creditworthiness of UBS, and the Notes will not be listed on any exchange, which may limit liquidity. The document includes hypothetical examples illustrating how returns can vary under different market scenarios.