UBS AG is offering $813,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average®, Nasdaq-100® Technology Sector IndexSM and Russell 2000® Index, maturing on December 24, 2030. Investors receive an 11.05% per annum contingent coupon (about $9.2083 per $1,000 note monthly) only when each index closes at or above its coupon barrier, set at 75% of its initial level. UBS may call the notes quarterly after six months, returning principal plus any due coupon, ending all future payments.
If the notes are not called and each index finishes at or above its downside threshold (60% of initial level), investors receive full principal at maturity; if any index finishes below its threshold, repayment is reduced in line with the worst index’s loss and can fall to zero. The notes are unsecured obligations of UBS, not insured deposits, will not be listed, and may have limited liquidity. The estimated initial value is $967.60 per $1,000 note, below the issue price due to fees, hedging and UBS’ internal funding rate.
UBS AG is offering $2,536,000 of Trigger Callable Contingent Yield Notes linked to the worst performer of three major equity indices. The notes pay a quarterly contingent coupon at a rate of 10.65% per annum only if, on each observation date, the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index are all at or above their respective coupon barriers set at 70% of initial levels.
UBS can redeem the notes in full on any quarterly observation date starting after six months, returning principal plus any due coupon. If the notes are not called and, at maturity in December 2030, any index is below its downside threshold at 60% of its initial level, investors lose principal in line with the percentage decline of the worst-performing index, up to a total loss. Payments depend entirely on UBS’s credit, and the estimated initial value of each $1,000 note is $971.90, below the issue price.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average®, the Nasdaq-100® Technology Sector IndexSM and the Russell 2000® Index. Each Note has a $1,000 principal amount, an expected term of about 4.5 years and pays a contingent coupon at 9.35% per annum if, on a monthly observation date, every index closes at or above its coupon barrier, set at 70% of its initial level.
UBS may call the Notes in whole, beginning after six months, paying principal plus any due coupon, after which no further payments are made. If the Notes are not called and each index finishes at or above its downside threshold, set at 60% of its initial level, investors receive back principal at maturity. If any index finishes below its downside threshold, repayment is reduced in line with the negative return of the worst-performing index, and investors could lose all of their initial investment. All payments depend on UBS’s credit, and the estimated initial value is expected between $952.00 and $982.00 per $1,000 Note.
UBS AG is offering $13,000,000 of Trigger Callable Contingent Yield Notes, each with a $1,000 principal amount, linked to the least performing of the Dow Jones Industrial Average®, the Nikkei 225® Index and the S&P 500® Index. The Notes run for approximately 15 months, from a December 23, 2025 settlement date to a March 23, 2027 maturity date, and pay a contingent coupon at a rate of 11.78% per annum (or $29.45 per quarter) only if on each observation date all three indices are at or above their coupon barriers, set at 70% of initial levels.
UBS may call the Notes on any quarterly observation date (other than the final one), repaying principal plus any due coupon, after which no further payments are made. If the Notes are not called and, at maturity, all indices are at or above their downside thresholds, set at 65% of initial levels, investors receive full principal back (plus any final coupon if barriers are met). If any index finishes below its downside threshold, repayment is reduced in line with the negative return of the worst-performing index, and investors could lose their entire investment. All payments depend on UBS’s creditworthiness, and the estimated initial value of each Note is $987.70, below the $1,000 issue price.
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, maturing around December 29, 2028. The Notes pay a contingent coupon at a rate of 10.50% per annum (for example, $8.75 per $1,000 Note per month) only if on each monthly observation date the closing level of every index is at or above its coupon barrier, set at 70% of its initial level. UBS may call the Notes in whole, beginning after three months, paying back principal plus any due coupon, after which no further payments are made.
If the Notes are not called and, at maturity, each index is at or above its downside threshold (also 70% of its initial level), investors receive full principal back, plus any final contingent coupon. If any index finishes below its downside threshold, the maturity payment is reduced in line with the negative return of the weakest index, and investors can lose some or all of their initial investment. Payments depend on UBS’s credit, and the estimated initial value is expected to range from $960.50 to $990.50 per $1,000 Note.
UBS AG, acting through its London branch, is offering $2,782,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Russell 2000 Index and the S&P 500 Index, maturing on December 21, 2028.
The Notes pay a quarterly contingent coupon of 8.30% per annum ($20.75 per $1,000) only if on each observation date both indices close at or above their coupon barriers, set at 70% of their initial levels (the same levels also serve as downside thresholds). UBS may, at its discretion, call the Notes in whole on any quarterly observation date beginning after six months, returning principal plus any due coupon.
If the Notes are not called and either index finishes below its downside threshold at maturity, investors receive $1,000 multiplied by 1 plus the return of the worst-performing index, which can result in a significant loss of principal, up to 100%. The Notes are unsecured, unsubordinated obligations of UBS, not insured deposits, and payments depend entirely on UBS’s creditworthiness. The estimated initial value is $961.10 per $1,000, reflecting dealer compensation, hedging and issuance costs.
UBS AG is offering Trigger Callable Contingent Yield Securities linked to the worst performer of the Nasdaq-100, Russell 2000 and S&P 500 indices. Each security has a $1,000 stated principal amount and a contingent coupon of $23.75 per quarter, equal to 9.50% per annum, but coupons are paid only if on each observation date all three indices are at or above 70% of their initial levels.
The notes run for about 24 months unless UBS calls them early at its discretion on a coupon date, in which case investors receive principal plus any due coupon and no further payments. If the notes are not called and at maturity all indices are at or above their 70% trigger levels, investors receive full principal plus any final coupon. If any index finishes below its trigger, repayment is reduced in line with the worst index’s loss, and investors can lose most or all of their investment.
The securities are unsecured obligations of UBS AG London Branch, are not insured deposits, and carry issuer credit risk. The estimated initial value is projected between $935.50 and $965.50 per $1,000 issue price, reflecting fees, funding and hedging costs.
UBS AG is offering $1,505,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the Health Care Select Sector SPDR Fund, maturing December 21, 2028. These unsecured notes pay a contingent coupon at a rate of 11.55% per annum (or $9.625 per $1,000 note per month) only if on each monthly observation date all three underlying assets close at or above 70% of their initial levels, which also serve as coupon barriers and downside thresholds.
UBS can call the notes in whole, but not in part, on any observation date starting after three months, paying back principal plus any due coupon; investors then receive no further payments. If the notes are not called and at maturity any underlying finishes below its downside threshold, the repayment is reduced one-for-one with the worst performer’s decline, and investors can lose up to 100% of principal.
The notes do not provide any upside participation in the underlying assets or dividends, will not be listed on an exchange and may have little or no secondary market. All payments depend on UBS’s credit, and the estimated initial value is $987.00 per $1,000 note, reflecting dealer compensation, hedging and UBS’s internal funding rate.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Dell Technologies Inc., maturing on December 26, 2028. These unsecured debt notes pay a contingent coupon only if Dell’s share price on a quarterly 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 Dell’s stock closes at or above the initial level on an observation date, in which case investors receive the principal plus any due coupon and no further payments. If the notes are not called and Dell’s final share price is at or above a downside threshold at maturity, investors receive their principal back; if it is below that threshold, repayment is reduced in line with Dell’s decline, and all principal can be lost. Payments depend on UBS’s credit. Each note has a $10 principal amount, with a minimum investment of 100 notes ($1,000), and the estimated initial value is $9.64 per note.
UBS AG is offering $1,645,000 Trigger Autocallable Contingent Yield Notes linked to the common stock of Dell Technologies Inc., maturing on December 26, 2028. These unsecured debt securities may pay periodic contingent coupons, but only if Dell’s share price on each observation date is at or above a specified coupon barrier.
The notes can be automatically called before maturity if Dell’s stock closes at or above the initial level on any observation date, in which case investors receive their principal plus any due contingent coupon and the product terminates. If the notes are not called and Dell’s final stock price is at or above a downside threshold, investors receive back the $10 principal per note at maturity.
If the notes are not called and Dell’s final stock price is below the downside threshold, repayment is reduced in line with the stock’s decline, and investors can lose some or all of their investment. All payments, including any coupons and principal, depend on the creditworthiness of UBS, and the notes are not insured or exchange-listed.