New Issue: UBS sells $956,000 10.3% trigger autocallable yield notes on FedEx, T-Mobile

Chicago, Sept. 26 – UBS AG, London Branch priced $956,000 of 10.3% trigger autocallable yield notes due Sept. 26, 2024 linked to the common stocks of FedEx Corp. and T-Mobile US, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be paid monthly.

The notes will be automatically called at par if each stock closes at or above its initial level on any monthly valuation date after three months.

If the notes have not been called and each stock finishes at or above its 60% downside threshold level, the payout at maturity will be par.

Otherwise, investors will lose 1% for every 1% decline of the worst performer from its initial level.

UBS Securities LLC and UBS Investment Bank are the agents.

Issuer:	UBS AG, London Branch
Issue:	Trigger autocallable yield notes
Underlying stocks:	FedEx Corp. and T-Mobile US, Inc.
Amount:	$956,000
Maturity:	Sept. 26, 2024
Coupon:	10.3% per annum, payable monthly
Price:	Par
Payout at maturity:	If each stock finishes at or above its downside threshold level, par; otherwise, full exposure to decline of worst performer from initial level
Call option:	Automatically at par if each stock closes at or above its initial level on any monthly valuation date after three months
Initial levels:	$153.25 for FedEx, $136.77 for T-Mobile
Downside threshold levels:	$91.95 for FedEx, $82.06 for T-Mobile, or 60% of initial levels
Pricing date:	Sept. 21, 2022
Settlement date:	Sept. 26, 2022
Agents:	UBS Securities LLC and UBS Investment Bank
Fees:	3%
Cusip:	90279FTB7

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