New Issue: UBS sells $1.5 million trigger autocallable contingent yield notes on indexes, ETF

Chicago, March 4 – UBS AG, London Branch priced $1.5 million of trigger autocallable contingent yield notes Feb. 28, 2028 linked to the performance of the Utilities Select Sector SPDR Fund, 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 9.15% per year if each underlier closes at or above its coupon barrier, 70% of its initial level, on any related observation date.

After three months, the notes will be automatically called at par plus coupon if each underlier closes at or above its initial level on any monthly call observation date.

If the notes are not called and the final level of each underlier is greater than or equal to the downside threshold level, 60% of the initial level, the payout at maturity will be par plus any final coupon.

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
Underlying assets:	Utilities Select Sector SPDR Fund, Russell 2000 index, S&P 500 index
Amount:	$1,500,000
Maturity:	Feb. 28, 2028
Coupon:	9.15% per year, paid monthly, if each underlier closes at or above its coupon barrier on any related observation date
Price:	Par
Payout at maturity:	Par plus any final coupon if each underlier finishes at or above downside threshold; otherwise, 1% loss for each 1% decline of worst performer from initial level
Call:	Automatically at par plus coupon if each underlier closes at or above initial level on any monthly call observation date after three months
Initial levels:	$61.96 for ETF, 2,016.688 for Russell, 5,088.80 for S&P
Coupon barrier levels:	$43.37 for ETF, 1,411.682 for Russell, 3,562.16 for S&P; 70% of initial levels
Downside thresholds:	$37.18 for ETF, 1,210.013 for Russell, 3,053.28 for S&P; 60% of initial levels
Pricing date:	Feb. 23
Settlement date:	Feb. 28
Agents:	UBS Securities LLC and UBS Investment Bank
Fees:	0.75%
Cusip:	90279W6D1

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