New Issue: UBS prices $100,000 buffered return optimization securities on Twitter

New York, May 12 – UBS AG, London Branch priced $100,000 of buffered return optimization securities due May 16, 2023 linked to Twitter, Inc. stock, according to a 424B2 filing with the Securities and Exchange Commission.

If Twitter stock closes at or above its initial price, the payout at maturity will be par plus two times any gain, capped at par plus 43.57%.

If Twitter stock declines by up to 10%, the payout will be par. Investors will be exposed to any losses beyond 10%.

The agent is UBS Financial Services Inc. and UBS Investment Bank.

Issuer:	UBS AG, London Branch
Issue:	Buffered return optimization securities
Underlying stock:	Twitter, Inc. (NYSE: TWTR)
Amount:	$100,000
Maturity:	May 16, 2023
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus two times return of Twitter stock, capped at 43.57%; par if stock declines by up to 10%; exposure to losses beyond 10%
Initial share price:	$52.88
Pricing date:	May 11
Settlement date:	May 13
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1%
Cusip:	90287C199

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