UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of PG&E Corporation, maturing on or about December 23, 2026. These unsecured debt obligations can pay contingent coupons only if the stock closes at or above a preset coupon barrier on each observation date. The notes may be automatically called early if the stock closes 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 the final stock level is at or above the downside threshold, investors receive full principal back; if it is below the downside threshold, repayment is reduced in line with the stock’s decline and losses can reach 100% of the investment. The minimum investment is 100 notes at $10 per note, and the estimated initial value per note on the trade date is expected to be between $9.41 and $9.66, reflecting UBS’s internal pricing models. All payments depend on the creditworthiness of UBS.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Snowflake Inc., maturing on or about December 23, 2027. These are unsecured, unsubordinated debt obligations of UBS, not bank deposits and not insured by any governmental agency.
Investors receive a contingent coupon on each observation date only if Snowflake’s share price is at or above a preset coupon barrier; otherwise no coupon is paid for that period. The notes can be automatically called on bimonthly observation dates starting about six months after issuance if the shares are at or above the initial level, in which case investors receive principal plus the applicable contingent coupon and the notes terminate early.
If the notes are not called and Snowflake’s final share price is at or above a downside threshold, investors receive only their principal at maturity. If the final price is below the downside threshold, repayment is reduced in line with the share price decline, and investors can lose all of their initial investment. Any payment depends entirely on the creditworthiness of UBS. The minimum investment is 100 notes at $10 each, and the estimated initial value per $10 note is expected to be between $9.41 and $9.66.
UBS AG is offering $105,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Micron Technology, Inc., maturing on December 26, 2028. These unsecured debt notes pay a contingent coupon only if Micron’s share price on each observation date is at or above a preset coupon barrier; if it is below, no coupon is paid for that period. The notes can be called early if Micron’s stock closes at or above the initial level on any observation date before maturity, in which case holders receive the principal plus any due coupon and no further payments.
If the notes are not called and Micron’s stock finishes at or above a downside threshold on the final valuation date, investors receive the full principal back, but if it finishes below that threshold they are fully exposed to the stock’s decline and can lose all of their investment. The minimum investment is 100 notes at $10 per note, and the estimated initial value is $9.67 per $10 note, reflecting UBS’s internal pricing and funding. All payments depend on the creditworthiness of UBS, 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 Micron Technology, Inc., maturing on or about December 26, 2028. These unsecured debt notes pay a contingent coupon only if Micron’s closing share price on each observation date meets or exceeds a preset coupon barrier; otherwise, no coupon is paid for that period.
The notes can be automatically called before maturity if Micron’s share price on an observation date is at or above the initial level, in which case investors receive the principal plus any due coupon and the notes terminate. If not called, and Micron’s final share price on the December 21, 2028 valuation date is at or above a downside threshold, investors receive their principal back. If the final level is below the downside threshold, repayment is reduced in line with Micron’s decline and investors can lose all of their initial investment.
The notes are issued in $10 denominations with a minimum investment of 100 notes, and their estimated initial value on the trade date of December 19, 2025 is expected to be between $9.36 and $9.61 per note. All payments depend on the creditworthiness of UBS, and the notes will not be listed on any exchange.
UBS AG is offering $1,482,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc., maturing on December 23, 2027. These unsecured, unsubordinated notes pay contingent coupons only if Broadcom’s share price on each 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 Broadcom’s closing level on any observation date before maturity is at or above the initial level, in which case investors receive the $10 principal per note plus any due coupon and no further payments. If the notes are not called and Broadcom’s final level is at or above a downside threshold, investors receive their principal at maturity; if it is below the threshold, repayment is reduced in line with the share’s percentage decline, up to a total loss of principal. Any payment depends on UBS’s credit, the notes are not listed on an exchange, the minimum investment is 100 notes at $10 each, and the estimated initial value is $9.81 per note.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Advanced Micro Devices, Inc., maturing on December 26, 2028. Each Note has a principal amount of $10, with a minimum investment of 100 Notes (a $1,000 investment). The Notes pay a contingent coupon of 15.68% per annum (or $0.392 per period in the hypothetical examples) only if AMD’s share price on an observation date is at or above the coupon barrier of $60.00, which is 60% of the initial level.
The Notes are automatically called if AMD’s closing level on any observation date before maturity is at or above the initial level, in which case investors receive the principal plus the applicable contingent coupon and the Notes terminate early. If the Notes are not called and AMD’s final level on the valuation date is at or above the downside threshold of $60.00, investors receive their full principal back, plus any final contingent coupon if the barrier is met.
If the Notes are not called and AMD’s final level is below the downside threshold, repayment of principal is reduced one-for-one with AMD’s decline, so investors lose the same percentage as AMD’s drop and could lose their entire investment. All payments depend on UBS’s creditworthiness, and the estimated initial value is $9.68 per $10 Note, reflecting internal pricing and funding costs. The Notes will not be listed on any exchange and may be hard to sell before maturity.
UBS AG is offering $250,000 Trigger Autocallable Contingent Yield Notes linked to the common stock of Marvell Technology, Inc., maturing on December 26, 2028. The Notes pay a contingent coupon at 16.22% per annum, or $0.1352 per $10 Note monthly, but only if Marvell’s share price on an observation date is at or above a coupon barrier set at 60% of the initial level.
The Notes are automatically called if, on any monthly observation date after three months, the stock closes at or above the initial level, in which case investors receive principal plus the applicable coupon and no further payments. If not called and the final stock level on December 21, 2028 is at or above the downside threshold of 60% of the initial level, investors receive their full principal; if it is below that threshold, repayment is reduced in line with the stock’s loss, up to a complete loss of principal.
The minimum investment is 100 Notes at $10 each. The estimated initial value is $9.71 per $10 Note, and all payments depend on the creditworthiness of UBS, with no deposit insurance or exchange listing.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Broadcom Inc., maturing on or about December 23, 2027. These unsecured, unsubordinated debt notes pay a contingent coupon only if Broadcom’s closing share price on each 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 Broadcom’s share price on any observation date before maturity is at or above the initial level, in which case investors receive the principal plus the applicable contingent coupon and no further payments. If the notes are not called and Broadcom’s final level on the valuation date is at or above the downside threshold, investors receive full principal back; if it is below the downside threshold, repayment is reduced in line with the share price decline and can fall to zero.
The notes are issued in minimums of 100 notes at $10 per note. The estimated initial value per note on the trade date is expected to be between $9.43 and $9.68, based on UBS’s internal pricing models. All payments depend on the creditworthiness of UBS AG, and the notes will not be listed on any securities exchange.
UBS AG is offering $225,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of Palantir Technologies Inc., maturing on December 23, 2027. These unsecured notes can pay periodic contingent coupons, but only when Palantir’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 Palantir’s stock closes at or above the initial level on any observation date before maturity, in which case investors receive principal plus any due coupon and no further payments. If the notes are not called and Palantir’s final share price is at or above a downside threshold, principal is repaid at maturity, but if it falls below that threshold, repayment is reduced in line with the stock’s decline and all principal can be lost. All payments, including any return of principal, depend on the creditworthiness of UBS, and the estimated initial value per $10 note is $9.81.
UBS AG is offering $380,000 of Trigger Autocallable Contingent Yield Notes linked to the common stock of NVIDIA Corporation, maturing on December 23, 2027. Each Note has a $10 principal amount and can pay a contingent coupon if NVIDIA’s closing stock price on an observation date is at or above a preset coupon barrier.
The Notes are automatically called early if NVIDIA’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 per Note plus the due contingent coupon and no further payments. If the Notes are not called and the final stock level is at or above the downside threshold, investors receive their $10 principal back, plus any final contingent coupon.
If the Notes are not called and NVIDIA’s final stock level is below the downside threshold, repayment at maturity is reduced in line with the stock’s decline, and investors can lose some or all of their initial investment. All payments depend on the creditworthiness of UBS, and the Notes will not be listed on any exchange.