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Published on 12/1/2022 in the Prospect News Structured Products Daily.

New Issue: UBS prices $1.1 million capped PLUS due 2022 linked to Russell

Chicago, Dec. 1 – UBS AG, London Branch priced $1.1 million of 0% capped Performance Leveraged Upside Securities due July 6, 2023 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any gain in the index, up to a maximum return of 22%.

Investors will be exposed to any losses.

UBS Securities LLC is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:UBS AG, London Branch
Issue:Capped Performance Leveraged Upside Securities
Underlying index:Russell 2000
Amount:$1,100,450
Maturity:July 6, 2023
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 300% of any index gain, capped at par plus 22%; 1% loss for each 1% decline
Initial level:2,030.72
Pricing date:March 16
Settlement date:March 21
Agent:UBS Securities LLC with Morgan Stanley Wealth Management handling distribution
Fees:2.25%
Cusip:90290V739

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