New Issue: UBS sells $875,000 trigger performance securities on SPDR S&P 500 ETF trust

Chicago, April 13 – UBS AG, London Branch priced $875,000 of 0% trigger securities due April 7, 2025 linked to the SPDR S&P 500 exchange-traded fund trust, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 174.528253% of any ETF gain.

If the ETF closes at or above its trigger level, 70% of its initial level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger performance securities
Underlying ETF:	SPDR S&P 500 ETF trust
Amount:	$875,000
Maturity date:	April 7, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If fund gains, par plus 174.528253% of any ETF gain; if ETF closes at or above trigger level, par; otherwise, full exposure to any losses
Initial level:	$251.83
Trigger level:	$176.28, 70% of if its initial level
Pricing date:	April 2
Settlement date:	April 6
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	1.75%
Cusip:	90289F299

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