New Issue: UBS prices $480,000 trigger return optimization securities linked to SPDR ETF

New York, Nov. 29 – UBS AG, London Branch priced $480,000 of trigger return optimization securities due Dec. 2, 2026 linked to the Energy Select Sector SPDR Fund, according to a 424B2 filing with the Securities and Exchange Commission.

If The ETF closes at or above the initial price, the payout at maturity will be par plus five times any gain in the ETF, capped at par plus 43.87%.

Investors will receive par if the ETF declines but finishes at or above the 70% trigger level and will share in any losses if it finishes below the trigger level.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger return optimization securities
Underlying fund:	Energy Select Sector SPDR Fund
Amount:	$480,000
Maturity:	Dec. 2, 2026
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus five times any gain in the ETF, capped at par plus 43.87%; par if ETF declines but finishes at or above the trigger level; otherwise, exposure to any losses
Initial share price:	$84.63
Trigger level:	$59.24, 70% of initial price
Pricing date:	Nov. 27
Settlement date:	Nov. 29
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2.5%
Cusip:	90302Q785

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