UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Constellation Energy Corporation, maturing on December 30, 2026. These unsecured debt securities may pay periodic contingent coupons, but only if the underlying stock closes at or above a preset coupon barrier on each observation date.
The Notes are automatically called early if the stock closes at or above its initial level on any observation date before maturity, in which case investors receive the $10 principal per Note plus any due contingent coupon, and the Notes terminate. If the Notes are not called and the final stock level is at or above the downside threshold, investors receive back the principal; if it is below the downside threshold, repayment is reduced in line with the stock’s decline, and investors can lose their entire investment.
The Notes are offered in minimum denominations of 100 Notes at $10 each, for at least a $1,000 investment. The estimated initial value per Note on the trade date is $9.83, reflecting UBS’s internal pricing. Any payments depend on the performance of the underlying stock and the creditworthiness of UBS.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average®, Nasdaq-100 Index® and Russell 2000® Index, maturing on or about January 5, 2029. The notes pay a 10.00% per annum contingent coupon (about $8.3333 per month per $1,000) only if on each monthly observation date all three indices are at or above their coupon barriers, set at 70.00% of their initial levels. UBS can call the notes in whole, beginning after six months, paying back principal plus any due coupon, with no further payments. If the notes are not called and, at final valuation, any index is below its downside threshold (also 70.00% of its initial level), repayment of principal is reduced one-for-one with the worst index’s loss, and all principal can be lost. All payments depend on the creditworthiness of UBS, and the estimated initial value is between $959.50 and $989.50 per $1,000 note.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq‑100, Russell 2000 and S&P 500 indexes, with a term of about 5 years to January 7, 2031. Investors receive a quarterly contingent coupon at a rate of 10.30% per annum (about $25.75 per $1,000 note) only if on each observation date all three indexes are at or above their coupon barriers, set at 70% of their initial levels. UBS may call the notes in whole on any quarterly observation date beginning after six months, paying principal plus any due coupon, after which no further payments are made.
If the notes are not called and on the final valuation date any index closes below its downside threshold (also 70% of its initial level), repayment of principal is reduced one‑for‑one with the negative return of the worst‑performing index, and investors could lose their entire investment. Payments depend on the credit of UBS, and the notes are unsecured, unsubordinated obligations that will not be listed. The issue price is $1,000 per note, with an estimated initial value between $963.50 and $993.50 and an underwriting discount of $4.50 per note.
UBS AG is offering $300,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Delta Air Lines, Inc., maturing on December 30, 2026. These notes pay a contingent coupon only when Delta’s share price on an observation date is at or above a preset coupon barrier; if the stock is below that level, no coupon is paid for that period.
The notes can be automatically called before maturity if Delta’s share price on any observation date (other than the final one) is at or above the initial level. In that case, investors receive their $10 principal per note plus the applicable contingent coupon, and the investment ends. If the notes are not called and Delta’s share price on the final valuation date is at or above the downside threshold, investors receive full principal back, plus any final contingent coupon if the coupon barrier is met.
If the notes are not called and Delta’s final share price is below the downside threshold, repayment is reduced in line with the stock’s percentage loss, and investors can lose most or all of their investment. Payments depend on UBS’s credit, and the notes are not listed on any exchange. The estimated initial value is $9.78 per $10 note, and the minimum investment is 100 notes.
UBS AG is offering $185,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc., maturing on December 29, 2028. These unsecured debt notes pay a contingent coupon only if Micron’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 Micron’s share price on any observation date before maturity is at or above the initial level, in which case holders receive the $10 principal per note plus any due contingent coupon, with no further payments. If the notes are not called and Micron’s final share price is at or above the downside threshold, investors receive full principal at maturity; if it is below the downside threshold, repayment is reduced in line with Micron’s decline and can fall to zero.
The notes are subject to the credit risk of UBS, are not insured, will not be listed on an exchange, have a minimum investment of 100 notes ($1,000), and have an estimated initial value of $9.74 per $10 note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc., maturing on December 30, 2026. These are unsubordinated, unsecured debt obligations of UBS.
Investors receive a contingent coupon only if Broadcom’s closing level on an observation date is at or above a preset coupon barrier. The Notes are automatically called early if Broadcom’s closing level on any observation date before maturity is at or above the initial level, in which case UBS repays principal plus any due contingent coupon and the Notes terminate.
If the Notes are not called and Broadcom’s final level is at or above the downside threshold, UBS repays the principal at maturity. If the final level is below the downside threshold, repayment is reduced in line with Broadcom’s decline and can fall to zero, causing a total loss of principal. Any payment depends on UBS’s credit. The minimum investment is 100 Notes at $10 per Note, and the estimated initial value is $9.79 per Note. The Notes will not be listed on an exchange and are significantly riskier than conventional debt.
UBS AG is offering $180,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, maturing on January 2, 2029. Each $10 Note can pay a contingent coupon of 11.98% per annum (about $0.2995 per period) only if NVIDIA’s share price on the relevant observation date is at or above the coupon barrier, initially set at 60% of the initial level ($60.00 in the examples).
The Notes are automatically called early if NVIDIA’s share price on any observation date before maturity is at or above the initial level, returning the $10 principal plus any due coupon. If not called, investors receive their $10 principal back at maturity only if the final share price is at or above the downside threshold, also 60% of the initial level. Otherwise, repayment is reduced one-for-one with NVIDIA’s decline, and investors can lose their entire investment. The Notes are unsecured obligations of UBS, with an estimated initial value of $9.71 per $10 Note, and are not listed on any exchange.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, maturing on July 2, 2027. The Notes pay a monthly contingent coupon at an annual rate of 11.45% only if on each observation date all three indices close at or above their coupon barriers, set at 70.00% of their initial levels. UBS may call the Notes in whole on any monthly observation date beginning after three months, returning principal plus any due coupon.
If the Notes are not called and on the final valuation date any index ends below its downside threshold (also 70.00% of its initial level), repayment at maturity is reduced one-for-one with the worst index’s decline, up to a total loss of principal. The minimum denomination is $1,000 per Note. The estimated initial value is between $966.40 and $996.40 per $1,000 issue price. Payments depend on UBS’s credit, and the Notes will not be listed on any exchange.
UBS AG is offering $150,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Fluor Corporation, maturing on December 29, 2028. The Notes are unsecured, unsubordinated UBS debt and are not listed on any exchange.
Holders receive a contingent coupon only if Fluor’s closing price on an observation date is at or above a coupon barrier set at $50.00, which is 50% of the initial level. The indicative contingent coupon rate is 9.17% per year, or $0.2293 per $10 Note per period in the hypothetical examples. The Notes are automatically called, returning principal plus the applicable coupon, if Fluor’s price on any observation date before maturity is at or above the initial level.
If the Notes are not called and Fluor’s final price is at or above the downside threshold of $50.00, UBS repays the $10 principal per Note at maturity (plus any final coupon if the barrier is met). If the final price is below the downside threshold, repayment is reduced in line with the stock’s decline, and investors can lose their entire investment. Any payment depends on UBS’s credit, and the estimated initial value is $9.66 per $10 Note.
UBS AG is offering $350,000 of Trigger Autocallable Contingent Yield Notes linked to the American depositary receipts of Pinduoduo Inc., maturing on December 30, 2026. These unsecured debt securities pay a contingent coupon only if the ADR’s closing level on each observation date is at or above a preset coupon barrier; otherwise no coupon is paid for that period. The notes may be automatically called early if the ADR closes at or above the initial level on any observation date before maturity, in which case investors receive the principal plus any due coupon and the notes terminate.
If the notes are not called and the final ADR level on the December 28, 2026 valuation date is at or above the downside threshold, investors receive back the $10 principal per note, potentially with a final coupon. If the final level is below the downside threshold, repayment is reduced in line with the ADR’s decline, and investors can lose some or all of their investment. The estimated initial value is $9.75 per $10 note, the notes are not listed on any exchange, and all payments depend on the creditworthiness of UBS.