By Wendy Van Sickle
Columbus, Ohio, March 14 – UBS AG, London Branch priced $14.5 million of 0% capped buffer in-gears due May 6, 2026 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes above 144% of the initial level, the payout at maturity will be par plus 59.8%.
If the index finishes between 137% and 144% of the initial level, the payout will be par plus 1.4 times the index gain in excess of 137% plus 50%.
If the index finishes between 106% and 137% of its initial level, the payout will be par plus 0.8758871 times the index return in excess of 106%, plus 22.8475%.
If the index finishes between 93% and 106% of the initial level, the payout will be par plus 1.7575% for each 1% index return above 93%. Investors will lose 1% for every 1% index decline beyond 7%.
UBS Investment Bank and UBS Financial Services Inc. are the agents.
| Issuer: | UBS AG, London Branch
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| Issue: | Capped buffer in-gears
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| Underlying index: | Russell 2000
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| Amount: | $14.5 million
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| Maturity: | May 6, 2026
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | If the index finishes above 144% of the initial level, par plus 59.8%; if final index level is between 137% and 144% of initial level, par plus 1.4 times index gain in excess of 137% plus 50%; if final index level is between 106% and 137% of initial level, par plus 0.8758871 times the index return in excess of 106%, plus 22.8475%; if index finishes between 93% and 106% of the initial level, par plus 1.7575% for each 1% index return above 93%; 1% loss for every 1% index decline beyond 7%
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| Initial level: | Average of index closing levels over three-month period from March 8 to and including March 18
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| Final level: | Average of index closing levels over the three-month period from Feb. 2, 2026 to and including May 1, 2026
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| Pricing date: | March 2
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| Settlement date: | March 7
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| Agents: | UBS Investment Bank and UBS Financial Services Inc.
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| Fees: | 0.25%
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| Cusip: | 90290V564
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