UBS AG is offering $300,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Palantir Technologies Inc., maturing on December 26, 2028. Each Note has a $10 principal amount and pays a contingent coupon, here illustrated at a 17.04% per annum rate ($0.426 per period), only if Palantir’s share price on the relevant observation date is at or above a coupon barrier set at 50% of the initial level.
The Notes can be automatically called early if Palantir’s stock closes at or above the initial level on any observation date before maturity, in which case investors receive $10 per Note plus the applicable contingent coupon, with no further payments. If the Notes are not called and the final stock level is at or above the downside threshold (also 50% of the initial level), investors receive full principal back, plus any final contingent coupon.
If the Notes are not called and the final level is below the downside threshold, repayment is reduced dollar-for-dollar with Palantir’s percentage decline, and investors can lose all of their investment. All payments depend on UBS’s credit, and the estimated initial value per Note is $9.70.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Snowflake Inc., with a trade date of December 19, 2025 and expected maturity on or about December 26, 2028. Each Note has a $10 principal amount, with a minimum investment of 100 Notes (a $1,000 investment). UBS will pay contingent coupons only if the Snowflake share price on an observation date is at or above a specified coupon barrier; otherwise no coupon is paid.
The Notes are automatically called early if Snowflake’s share price on any observation date (before the final one) is at or above the initial level, in which case investors receive principal plus any due coupon and the product ends. If the Notes are not called and Snowflake’s final level is at or above a downside threshold, principal is repaid at maturity; if it is below that threshold, repayment is reduced in line with Snowflake’s decline, and the entire investment can be lost. All payments depend on the creditworthiness of UBS, and the Notes are not insured or exchange‑listed. The estimated initial value per Note is expected to be between $9.37 and $9.62, below the $10 issue price.
UBS AG is offering $200,000 of Trigger Autocallable Contingent Yield Notes linked to Lyft, Inc. common stock, maturing December 23, 2027. The Notes pay a high contingent coupon, illustrated at 22.37% per annum ($0.3728 per $10 Note per period), only when Lyft’s share price on an observation date is at or above the coupon barrier, set in the examples at 60% of the initial level. If Lyft’s stock is at or above the initial level on any bimonthly observation date after about six months, the Notes are automatically called and investors receive $10 per Note plus any due coupon, with no further payments.
If the Notes are not called and Lyft’s final share price is at or above the downside threshold (illustrated as 60% of the initial level), investors receive their $10 principal back, plus a final coupon if the barrier is met. If the final price is below the downside threshold, repayment is reduced in line with Lyft’s percentage decline, and investors can lose their entire investment, as shown by the $3.60 payoff in the severe-loss example. The Notes are unsecured obligations of UBS, carry issuer credit risk, will not be listed on an exchange, and have an estimated initial value of $9.73 per $10 Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Palantir Technologies Inc., maturing on or about December 26, 2028. Each Note has a principal amount of $10 and pays a contingent coupon only if Palantir’s closing stock price on an observation date is at or above a preset coupon barrier.
The Notes are automatically called early if Palantir’s stock closes at or above the initial level on any observation date before the final valuation date, in which case investors receive the $10 principal plus the applicable contingent coupon and no further payments. If the Notes are not called and the final stock level is at or above the downside threshold, UBS repays the $10 principal at maturity; if it is below the downside threshold, repayment is reduced in line with the stock’s percentage decline, and the entire investment can be lost.
The document includes a hypothetical example with a 15.44% per annum coupon rate, a $0.386 quarterly coupon on a $10 Note, and a downside threshold and coupon barrier each set at $50.00, or 50.00% of the initial level. The estimated initial value per $10 Note on the trade date is expected to be between $9.35 and $9.60. All payments depend on the creditworthiness of UBS.
UBS AG is offering $1,044,000 of Airbag Autocallable Yield Notes linked to the common stock of Broadcom Inc., maturing on December 28, 2026. The Notes pay fixed coupons on each coupon payment date regardless of Broadcom’s share performance, unless they are automatically called. They are subject to quarterly automatic call observations beginning about six months after issue; if Broadcom’s closing level is at or above the initial level on an observation date, investors receive principal plus the applicable coupon and the Notes terminate.
If the Notes are not called and Broadcom’s final level is at or above a specified conversion level, investors receive full principal back at maturity plus the final coupon. If the final level is below the conversion level, investors receive a fixed share delivery amount of Broadcom stock (and cash for any fractional share), which is expected to be worth less than principal, so some or all of the initial investment may be lost. All payments depend on UBS’s credit, the Notes are not insured or exchange-listed, and the estimated initial value per Note of $978.90 is below the $1,000 principal amount.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of lululemon athletica inc., maturing on or about December 23, 2027. These unsubordinated, unsecured debt obligations can pay a contingent coupon on each observation date only if the underlying stock closes at or above a specified coupon barrier; otherwise, no coupon is paid for that period.
The notes are automatically called early if, on any bimonthly observation date beginning after six months, the stock closes at or above its initial level. In that case, investors receive the principal plus any due coupon, and the notes terminate. If the notes are not called and, on the final valuation date, the stock is at or above a downside threshold, investors receive only their principal back, plus any final coupon if the barrier is met. If the stock ends below the downside threshold, repayment is reduced in line with the stock’s decline, and investors can lose some or all of their investment.
The notes will not be listed on any exchange. The minimum investment is 100 notes at $10 per note, and the estimated initial value is expected to be between $9.41 and $9.66 per note. All payments depend on UBS’s creditworthiness.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Lyft, Inc., maturing on or about December 23, 2027. These unsecured debt notes can pay a contingent coupon on each observation date only if Lyft’s closing share price is at or above a preset coupon barrier; otherwise no coupon is paid for that period.
The notes are automatically called early if Lyft’s share price on any bimonthly observation date (starting after six months) is at or above the initial level, in which case investors receive the principal plus any due coupon and the notes terminate. If the notes are not called and, on the final valuation date, Lyft’s share price is at or above the downside threshold, investors receive their $10 principal per note; if it is below that threshold, repayment is reduced in line with Lyft’s negative return and could fall to zero.
All payments depend on UBS’s credit. The notes will not be listed on any exchange. The minimum investment is 100 notes at $10 each, and the estimated initial value per note is expected to be between $9.38 and $9.63.
UBS AG is offering $300,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of PG&E Corporation, maturing on December 23, 2026. These unsecured debt notes may pay contingent coupons only if the PG&E share price on each observation date, including the final valuation date, is at or above a specified coupon barrier.
The notes are automatically called early if PG&E’s stock is at or above the initial level on any observation date before maturity, in which case investors receive the $10 principal per note plus any due contingent coupon, with no further payments. If the notes are not called and PG&E’s final stock level is at or above a downside threshold, investors receive only their principal; if it is below that threshold, repayment is reduced in line with the stock’s loss and can fall to zero.
The notes are subject to UBS credit risk, will not be listed on any exchange, require a minimum purchase of 100 notes at $10 each, and have an estimated initial value of $9.77 per note as of the trade date.
UBS AG is offering Airbag Autocallable Yield Notes linked to the common stock of Broadcom Inc., maturing on or about December 28, 2026. These unsecured debt obligations pay a coupon on each coupon payment date regardless of Broadcom’s performance, unless the Notes are automatically called.
The Notes are automatically called if, on any quarterly observation date beginning about six months after issuance, Broadcom’s closing level is at or above the initial level. In that case, investors receive the principal amount plus the scheduled coupon on the call settlement date, and no further payments are made.
If the Notes are not called and Broadcom’s final level on the final valuation date is at or above a specified conversion level, UBS repays the full principal plus the final coupon. If the final level is below the conversion level, investors receive shares of Broadcom (plus cash for any fractional share) expected to be worth less than principal, which can mean losing some or all of the initial investment. All payments and share deliveries depend on the creditworthiness of UBS, and the estimated initial value is expected to be between $947.90 and $972.90 per $1,000 Note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Snowflake Inc., maturing on December 23, 2027. These are unsecured, unsubordinated debt obligations of UBS, not bank deposits and not FDIC insured.
Investors receive a contingent coupon only if Snowflake’s closing share price on a given observation date, including the final valuation date, is at or above a preset coupon barrier. The notes are automatically called early if, on any bimonthly observation date starting after six months, Snowflake’s share price is at or above the initial level, in which case UBS repays principal plus the applicable contingent coupon and the product terminates.
If the notes are not called and Snowflake’s final level is at or above the downside threshold, UBS repays the $10 principal per note at maturity. If the final level is below the downside threshold, repayment is reduced in line with Snowflake’s percentage decline, and investors can lose all of their investment. The estimated initial value is $9.74 per $10 note, and the minimum investment is 100 notes, or $1,000. All payments depend on UBS’s creditworthiness, and the notes will not be listed on any exchange.