New Issue: UBS prices $399,953 12.62% trigger yield optimization notes linked to energy fund

Chicago, Oct. 3 – UBS AG, London Branch priced $399,953.4 of 12.62% annualized trigger yield optimization notes due Jan. 4, 2023 linked to the Energy Select Sector SPDR Fund, according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $72.60, which is equal to the initial share price of the fund.

Interest is payable monthly.

The payout at maturity will be par unless the final price of the fund is less than 72% of the initial share price, in which case investors will receive one 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 fund:	Energy Select Sector SPDR Fund
Amount:	$399,953.4
Maturity:	Jan. 4, 2023
Coupon:	12.62% annual rate, payable monthly
Price:	Par of $72.60
Payout at maturity:	If final share price is less than trigger price, one share; otherwise, par
Initial share price:	$72.60
Trigger price:	$52.27, 72% of initial price
Pricing date:	Sept. 29, 2022
Settlement date:	Oct. 3, 2022
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	0.7%
Cusip:	90303W203

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