UBS AG is offering $1,215,000 of Trigger Autocallable Contingent Yield Notes linked to Microsoft common stock, due October 19, 2028.
The Notes pay a 9.85% per annum contingent coupon ($24.625 per quarter per $1,000) only if MSFT’s closing level on an observation date is at or above the coupon barrier $410.86 (80% of the initial level). The Notes are automatically called if MSFT closes at or above the call threshold $513.57 (100% of the initial level) on any observation date before maturity, returning principal plus the applicable coupon.
If not called, and the final level is at or above $410.86, principal is repaid at maturity. If the final level is below the downside threshold, repayment equals $1,000 × (1 + underlying return), exposing investors to losses up to total principal. Payments are subject to the creditworthiness of UBS; the Notes will not be listed.
Issue price is $1,000 per Note; the estimated initial value is $973.20 per Note. Underwriting discount is $20 per Note; proceeds to UBS total $1,190,700. Observation dates are quarterly through maturity.
UBS AG filed a 424B2 for $3,873,000 Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average, Nasdaq-100 Technology Sector Index, and Russell 2000 Index, due July 18, 2030. The Notes pay a 9.25% per annum contingent coupon only if each index closes at or above its coupon barrier on monthly observation dates; otherwise no coupon is paid. UBS may call the Notes in whole on any observation date beginning after 6 months, returning principal plus any due coupon.
If not called, principal is repaid at maturity only if each index’s final level is at or above its downside threshold; if any index finishes below its threshold, repayment is reduced one-for-one with the loss of the worst index, up to total loss of principal. Initial levels/barriers/thresholds: INDU 46,270.46 / 70% / 60%; NDXT 12,574.97 / 70% / 60%; RTY 2,495.499 / 70% / 60%. The estimated initial value is $978.60 per $1,000 note. Key dates: trade Oct 14, 2025, settlement Oct 17, 2025, final valuation July 15, 2030. The Notes are unsecured obligations of UBS, will not be listed, and payments depend on UBS’s credit.
UBS AG is offering $15,041,000 of Capped Market‑Linked Notes tied to the least performing of the Dow Jones Industrial Average and the S&P 500 Index, due April 15, 2027.
At maturity, if the least performing index shows a positive return, the payout equals principal plus that return capped at a maximum gain of 11.20% (maximum payment $1,112 per $1,000 note). If the least performing return is zero or negative, repayment is principal only. The Notes pay no interest and are subject to UBS credit risk.
Key terms include an estimated initial value of $997.10 per note, an issue price of $1,000, and an underwriting discount of $1.50 per note (proceeds to UBS $998.50 per note). Trade date is October 10, 2025; final valuation April 12, 2027. The Notes will not be listed on any exchange.
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 Index, and the Russell 2000, maturing on or about October 19, 2028. The notes pay a 10.00% per annum contingent coupon only if each index closes at or above its coupon barrier on the applicable monthly observation date.
UBS may call the notes, in whole, on any observation date beginning after 3 months. If called, investors receive the $1,000 principal per note plus any due contingent coupon; no further payments are made. If not called and at least one index finishes below its downside threshold at final valuation, the maturity payment is reduced by the negative return of the least performing index, and investors could lose all principal. Payments depend on the creditworthiness of UBS.
Key terms include coupon barriers set at 70.00% of initial levels and downside thresholds at 60.00%. The estimated initial value is expected between $939.20 and $969.20 per $1,000 note. Underwriting compensation is up to $9.00 per note; proceeds to UBS are at least $991.00 per note. The notes will not be listed.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the Solactive U.S. Large Cap Volatility Navigator 40 Index, expected to mature on November 4, 2030. The Notes pay a 13.00% per annum contingent coupon only if the Index closes at or above the coupon barrier on each monthly observation date.
The Notes are callable after 12 months if the Index is at or above 100% of the initial level. Key levels are set at Call Threshold: 100% of the initial level, Coupon Barrier: 50%, and Downside Threshold: 50%. If not called and the final level is below the downside threshold, repayment is reduced one-for-one with the Index decline, and investors could lose all principal. Issue price is $1,000 per Note, with a $10 underwriting discount and $990 to UBS. The estimated initial value is expected between $933.80 and $963.80, reflecting internal pricing and funding assumptions. All payments depend on UBS’s credit.
UBS AG filed an amended preliminary 424B3 for Trigger Callable Contingent Yield Notes linked to the iShares MSCI Brazil ETF (EWZ), maturing on or about October 15, 2027. The notes pay a 12.30% per annum contingent coupon on quarterly observation dates if EWZ closes at or above a coupon barrier set at 70.00% of the initial level. UBS may call the notes in whole on any observation date beginning after six months; if called, holders receive principal plus any due coupon.
If not called and the final level is at or above the downside threshold (70% of initial), holders receive the $1,000 principal. If below the threshold, holders receive a share delivery amount equal to $1,000 divided by the initial level, which could be worth significantly less than principal. The notes are unsecured obligations of UBS AG, not listed on an exchange, and subject to UBS credit risk.
Per-note economics include a $1,000 issue price, an underwriting discount of $18.50, and proceeds to UBS of $981.50. The estimated initial value is expected between $939.00 and $969.00. Key dates: expected trade date October 9, 2025; settlement October 15, 2025; final valuation October 12, 2027; maturity October 15, 2027.
UBS AG filed a preliminary 424(b)(2) pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the common stock of Lam Research Corporation. The Notes are unsecured debt of UBS and may pay contingent quarterly coupons only when the underlying closes at or above a coupon barrier on the relevant observation date. The Notes can be automatically called if the underlying closes at or above the initial level on any observation date before maturity; in that case, investors receive principal plus any applicable contingent coupon and the Notes terminate.
If not called, at maturity on or about October 15, 2027, investors receive principal back only if the final level is at or above the downside threshold; otherwise, repayment is reduced in line with the underlying’s decline and could be zero. Payments are subject to UBS credit risk. Key dates include an expected trade date of October 13, 2025, settlement on October 15, 2025, and final valuation on October 13, 2027. The estimated initial value is expected to be between $9.54 and $9.79 per $10 Note. The Notes will not be listed, and the minimum investment is 100 Notes at $10 each.
UBS AG is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Snowflake Inc., with expected key dates from an October 13, 2025 trade date to an October 15, 2026 maturity. The notes pay a contingent coupon only if the underlying closes on or above a coupon barrier on each observation date, and may be called early if the underlying closes on or above its initial level on any observation date before the final valuation date.
If not called, principal is repaid at maturity only if the final level is on or above the downside threshold; otherwise repayment is reduced in line with the underlying’s decline, and losses can be total. Payments are subject to the creditworthiness of UBS. The notes will not be listed. The minimum investment is 100 notes at $10 each. The estimated initial value per note is expected to be between $9.54 and $9.79.
UBS AG is offering $3,027,000 of Trigger Callable Contingent Yield Notes linked to the least performing of the Dow Jones Industrial Average, the Nasdaq-100 Technology Sector Index and the Russell 2000 Index, maturing on October 16, 2030.
The notes pay a 10.55% per annum contingent coupon (monthly installments of $8.7917 per $1,000 note) only if each index is at or above its coupon barrier (75% of initial) on the observation date. UBS may call the notes, in whole, on any monthly observation date beginning after 6 months, paying principal plus any due coupon.
If not called, principal is repaid at maturity only if each index finishes at or above its downside threshold (60% of initial). Otherwise, repayment is reduced by the decline of the least performing index, up to a total loss. Issue price is $1,000 per note; underwriting discount $7.50; proceeds to UBS $992.50 per note (total $3,004,297.50). The estimated initial value is $984.00 per note. The notes are unsecured obligations of UBS and will not be listed.
UBS AG is offering Trigger Callable Contingent Yield Notes linked to the least performing of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index, due on or about October 26, 2028. The Notes pay a contingent coupon only if, on each monthly observation date, the closing level of each index is at or above its coupon barrier, set at 70% of its initial level. UBS may call the Notes in whole on any observation date beginning after 6 months; if called, holders receive principal plus any due coupon.
If not called, principal is repaid at maturity only if each index finishes at or above its downside threshold, set at 60% of its initial level. Otherwise, repayment is reduced by the negative return of the least performing index, up to a total loss of principal. The contingent coupon rate is 10.00% per annum, observed monthly. The Notes are unsecured obligations of UBS; all payments depend on UBS’s credit.
Issue price is $1,000 per Note, with an underwriting discount of $5.00 and proceeds to UBS of $995.00 per Note. The estimated initial value is expected between $940.70 and $970.70. The Notes will not be listed. Trade date is expected October 21, 2025; maturity is expected October 26, 2028.