New Issue: UBS prices $1.05 million trigger autocallable notes linked to Russell

Chicago, Oct. 24 – UBS AG, London Branch priced $1.05 million of trigger autocallable notes due Feb. 26, 2027 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

After one year, the notes will be called at par plus an annualized premium of 7.1% if the index closes at or above its initial level on any quarterly observation date.

The payout at maturity will be par unless the index finishes below the downside threshold level, 70% of the initial level, in which case investors will lose 1% for every 1% loss of the index.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger autocallable notes
Underlying index:	Russell 2000
Amount:	$1,047,000
Maturity:	Feb. 26, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par unless index finishes below downside threshold, in which case full exposure to decline
Call:	Automatically at par plus 7.1% annualized premium if index closes at or above initial level on any quarterly observation date after one year
Initial level:	1,944.092
Downside threshold:	1,360.864, 70% of initial levels
Pricing date:	Feb. 23
Settlement date:	Feb. 28
Agents:	UBS Investment Bank and UBS Financial Services Inc.
Fees:	3.25%
Cusip:	90279DXH4

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