New Issue: UBS sells $1.8 million trigger autocallable contingent yield notes with memory on indexes

Chicago, July 31 – UBS AG, London Branch priced $1.8 million of trigger autocallable contingent yield notes with memory interest due July 30, 2026 linked to the least performing of the Nasdaq-100 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a monthly coupon at the rate of 10.25% per year if each index closes at or above its coupon barrier, 80% of its initial level, on any related observation date. Previously unpaid coupons, if any, will be automatically included whenever a coupon is paid.

The notes will be automatically called at par if each index closes at or above its initial level on any monthly call observation date after six months.

If the notes are not called and each index finishes at or above its 75% downside threshold, the payout at maturity will be par.

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

UBS Securities LLC and UBS Investment Bank are the agents.

Issuer:	UBS AG, London Branch
Issue:	Trigger autocallable contingent yield notes with memory interest
Underlying indexes:	Nasdaq-100 index, S&P 500 index, Russell 2000 index
Amount:	$1,800,000
Maturity:	July 30, 2026
Coupon:	10.25% per year, paid monthly, if each index closes at or above its coupon barrier on any related observation date; coupon payments will automatically include any previously unpaid coupons
Price:	Par
Payout at maturity:	If each index finishes at or above coupon barrier, par; otherwise, 1% loss for each 1% decline of laggard index from initial level
Call:	Automatically at par if each index closes at or above initial level on any monthly call observation date after six months
Initial levels:	15,561.42 for Nasdaq, 1,966.112 for Russell, 4,567.46 for S&P
Coupon barrier levels:	12,449.14 for Nasdaq, 1,572.89 for Russell, 3,653.97 for S&P; 80% of initial levels
Downside thresholds:	11,671.07 for Nasdaq, 1,474.584 for Russell, 3,425.60 for S&P; 75% of initial levels
Pricing date:	July 25
Settlement date:	July 28
Agents:	UBS Securities LLC and UBS Investment Bank
Fees:	0.25%
Cusip:	90279GE39

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