New Issue: UBS prices $679,000 buffer in-digital securities tied to S&P, Russell

Chicago, Feb. 8 – UBS AG, London Branch priced $679,000 of 0% buffer in-digital securities due Nov. 22, 2024 linked to the least performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its 85% buffer level, the payout at maturity will be par plus 14.9%.

Otherwise, investors will lose 1% for every 1% decline of the worst performer beyond the 15% buffer.

UBS Securities LLC and UBS Investment Bank are the agents.

Issuer:	UBS AG, London Branch
Issue:	Buffer in-digital securities
Underlying indexes:	S&P 500 index, Russell 2000 index
Amount:	$679,000
Maturity:	Nov. 22, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above buffer level, par plus 14.9%; otherwise, lose 1% for each 1% decline of the worst performer beyond 15% buffer
Initial index levels:	1,773.717 for Russell, 4,191.98 for S&P
Buffer levels:	1,507.659 for Russell, 3,563.18 for S&P; 85% of initial levels
Pricing date:	May 19, 2023
Settlement date:	May 24, 2023
Agents:	UBS Securities LLC and UBS Investment Bank
Fees:	None
Cusip:	90279GGU7

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