New Issue: UBS prices $99,954 13.72% trigger yield optimization notes tied to Devon Energy

Chicago, Aug. 21 – UBS AG, London Branch priced $99,954.72 of 13.72% trigger yield optimization notes due Aug. 14 linked to the common stock of Devon Energy Corp., according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $59.04, which is equal to the initial share price of Devon Energy stock.

Interest is payable monthly.

The payout at maturity will be par unless the final price of Devon Energy stock is less than 60% of the initial share price, in which case investors will receive one Devon Energy share per note.

UBS Financial Services Inc. and UBS Investment Bank are the underwriters.

Issuer:	UBS AG, London Branch
Issue:	Trigger yield optimization notes
Underlying stock:	Devon Energy Corp. (NYSE: DVN)
Amount:	$99,954.72
Maturity:	Aug. 14
Coupon:	13.72%, payable monthly
Price:	Par of $59.04
Payout at maturity:	If final share price is less than trigger price, one Devon Energy share; otherwise, par
Initial share price:	$59.04
Trigger price:	$35.42, 60% of initial price
Pricing date:	Aug. 9, 2022
Settlement date:	Aug. 11, 2022
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90303Q727

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