New Issue: UBS prices $3.24 million trigger contingent yield notes linked to Russell, Dow

Chicago, April 15 – UBS AG, London Branch priced $3.24 million of trigger contingent yield notes due April 9, 2026 linked to the lesser performing of the Russell 2000 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

Semiannually, the notes pay a contingent coupon at a rate of 13% per year if each index closes at or above its coupon barrier, 70% of its initial level, on the observation date for that period.

If the notes are not called and each index finishes at or above its 70% downside threshold, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% that the lesser-performing index’s final level is below its initial level.

UBS Securities LLC and UBS Investment Bank are the underwriters.

Issuer:	UBS AG, London Branch
Issue:	Trigger contingent yield notes
Underlying indexes:	Russell 2000 and Dow Jones industrial average
Amount:	$3,243,000
Maturity:	April 9, 2026
Coupon:	13% per year, payable semiannually if each index closes at or above its coupon barrier on observation date for that period
Price:	Par
Payout at maturity:	If each index finishes at or above downside threshold, par; otherwise, 1% loss for every 1% that lesser-performing index’s final level is below initial level
Initial levels:	1,052.053 for Russell 2000 and 21,052.53 for Dow
Downside/coupon thresholds:	736.437 for Russell 2000 and 14,736.77 for Dow, or 70% of initial levels
Pricing date:	April 3
Settlement date:	April 9
Underwriters:	UBS Securities LLC and UBS Investment Bank
Fees:	None
Cusip:	90276BAN3

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