UBS AG Files 424B2 Prospectus Supplement

TL;DR

UBS AG filed a prospectus supplement on 4/7/26. Details on securities being offered.

AI Summary

UBS AG filed a 424B2 prospectus supplement on April 7, 2026, related to its previously filed registration statement. This filing details the terms of securities being offered, likely for sale to the public, though specific security types and amounts are not detailed in this excerpt.

Why It Matters

This filing indicates UBS AG is actively managing its securities offerings, which could impact its capital structure and investor relations.

Risk Assessment

Risk Level: low — A 424B2 filing is a standard prospectus supplement and does not inherently indicate new risks for the company.

Key Numbers

• 590629 — Document Size (FORM 424B2) (Indicates the size of the primary prospectus filing document.)
• 1156722 — Submission Text File Size (Represents the total size of the complete submission in bytes.)

Key Players & Entities

• UBS AG (company) — Filer of the prospectus supplement
• 0001114446 (company) — CIK number for UBS AG
• 2026-04-07 (date) — Filing date of the 424B2 document
• 333-283672 (file_number) — File number associated with the registration statement

FAQ

Key Financial Figures

• $922.90 — he trade date is expected to be between $922.90 and $952.90. The range of the estimated
• $952.90 — e is expected to be between $922.90 and $952.90. The range of the estimated initial val
• $1,000.00 — 2000 Index and the S&P 500 Index $ $1,000.00 $ Up to $41.25 $ At least $958.
• $41.25 — P 500 Index $ $1,000.00 $ Up to $41.25 $ At least $958.75 (1) Notwithsta
• $958.75 — 00.00 $ Up to $41.25 $ At least $958.75 (1) Notwithstanding the underwriting
• $5.00 — ated dealers a structuring fee of up to $5.00 per Note with respect to some or all of
• $1,000 — S AG London Branch Principal Amount $1,000 per Note Term Approximately 5 years
• $1,105.00 M — l 16, 2027 April 21, 2027 10.500% $1,105.00 May 10, 2027 May 13, 2027 11.375% $
• $1,113.75 — May 10, 2027 May 13, 2027 11.375% $1,113.75 June 10, 2027 June 15, 2027 12.25
• $1,122.50 — ne 10, 2027 June 15, 2027 12.250% $1,122.50 July 12, 2027 July 15, 2027 13.12
• $1,131.25 — ly 12, 2027 July 15, 2027 13.125% $1,131.25 August 10, 2027 August 13, 2027 1
• $1,140.00 — 10, 2027 August 13, 2027 14.000% $1,140.00 September 10, 2027 September 15, 20
• $1,148.75 — , 2027 September 15, 2027 14.875% $1,148.75 October 11, 2027 October 14, 2027
• $1,157.50 — 11, 2027 October 14, 2027 15.750% $1,157.50 November 10, 2027 November 16, 2027
• $1,166.25 — 0, 2027 November 16, 2027 16.625% $1,166.25 December 10, 2027 December 15, 2027

Filing Documents

• ubs_424b2-12406.htm (424B2) — 577KB
• image1.jpg (GRAPHIC) — 12KB
• image2.jpg (GRAPHIC) — 91KB
• image3.jpg (GRAPHIC) — 93KB
• image4.jpg (GRAPHIC) — 96KB
• image5.jpg (GRAPHIC) — 92KB
• image6.jpg (GRAPHIC) — 12KB
• arrow.jpg (GRAPHIC) — 8KB
• 0001839882-26-019353.txt ( ) — 1130KB

From the Filing

The information in this preliminary pricing supplement is not complete and may be changed. We may not sell these Notes until the pricing supplement, the accompanying product supplement, the index supplement and the accompanying prospectus (collectively, the "Offering Documents") are delivered in final form. The Offering Documents are not an offer to sell these Notes and we are not soliciting offers to buy these Notes in any state where the offer or sale is not permitted. Subject to Completion PRELIMINARY PRICING SUPPLEMENT Dated April 7, 2026 Filed Pursuant to Rule 424(b)(2) Registration Statement No. 333-283672 (To Prospectus dated February 6, 2025, Index Supplement dated February 6, 2025 and Product Supplement dated February 6, 2025) UBS AG $ Trigger Autocallable Notes Linked to the least performing of the Nasdaq-100 Index , the Russell 2000 Index and the S&P 500 Index due on or about April 16, 2031 Investment Description UBS AG Trigger Autocallable Notes (the "Notes") are unsubordinated, unsecured debt obligations issued by UBS AG ("UBS" or the "issuer") linked to the least performing of the Nasdaq-100 Index , the Russell 2000 Index and the S&P 500 Index (each an "underlying asset" and together the "underlying assets"). UBS will automatically call the Notes (an "automatic call") if the closing level of each underlying asset on any observation date, including the final valuation date, is equal to or greater than its call threshold level, which is a level of each underlying asset equal to a percentage of its initial level, as indicated below. If the Notes are subject to an automatic call, UBS will pay you on the applicable call settlement date following such observation date a cash payment per Note equal to the "call price", which is your principal amount plus a call return based on the call return rate, and no further payments will be owed to you under the Notes. The call return increases the longer the Notes are outstanding. If the Notes are not subject to an automatic call and the closing level of each underlying asset on the final valuation date (its "final level") is equal to or greater than its downside threshold, at maturity, UBS will pay you a cash payment per Note equal to the principal amount. If, however, the Notes are not subject to an automatic call and the final level of at least one underlying asset is less than its downside threshold, at maturity, UBS will pay you a cash payment per Note that is less than the principal amount, if anything, resulting in a percentage loss on your initial investment equal to the percentage decline in the closing level of the underlying asset with the lowest underlying return (the "least performing underlying asset") from its initial level to its final level and, in extreme situations, you could lose all of your initial investment. Investing in the Notes involves significant risks. You will lose a significant portion or all of your initial investment if the Notes are not subject to an automatic call and the final level of any underlying asset is less than its downside threshold. You will be exposed to the market risk of each underlying asset on each observation date, including the final valuation date, and any decline in the level of one underlying asset may negatively affect your return and will not be offset or mitigated by a lesser decline or any potential increase in the level of any other underlying asset. Higher call return rates are generally associated with a greater risk of loss and a greater risk that the Notes will not be subject to an automatic call. The contingent repayment of principal only applies if you hold the Notes until the maturity date. Any payment on the Notes, including any repayment of principal, is subject to the creditworthiness of UBS. If UBS were to default on its obligations, you may not receive any amounts owed to you under the Notes and you could lose all of your initial investment. Features Automatic Call Feature — UBS will automatically call the Notes if the closing level of each underlying asset is equal to or greater than its call threshold level on any observation date, including the final valuation date. If the Notes are subject to an automatic call, UBS will pay on the applicable call settlement date a cash payment per Note equal to the call price for the relevant observation date. The call price increases the longer the Notes are outstanding. Following an automatic call, no further payments will be owed to you on the Notes. If the Notes are not subject to an automatic call, investors will have the potential for downside market risk at maturity. Contingent Repayment of Principal Amount at Maturity with Potential for Full Downside Market Exposure — If the Notes are not subject to an automatic call and the final level of each underlying asset is equal to or greater than its downside threshold, at maturity, UBS will pay you a cash payment per Note equal to the principal amount. If, however, the Notes ar