New Issue: UBS prices $790,000 buffer gears linked to Russell, Stoxx

Chicago, Sept. 13 – UBS AG, London Branch priced $790,000 of 0% buffer gears due Sept. 4, 2024 linked to the lesser performing of the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes above its initial level, the payout at maturity will be par plus 1.7 times the gain of the lesser performing index.

If the lesser performing index finishes at or below its initial level but at or above its 85% downside threshold, the payout will be par.

Investors will be exposed to any decline of the lesser performing index beyond 15%.

UBS Securities LLC and UBS Investment Bank are the agents.

Issuer:	UBS AG, London Branch
Issue:	Buffer gears
Underlying indexes:	Russell 2000 index and Euro Stoxx 50 index
Amount:	$790,000
Maturity:	Sept. 4, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains, par plus 1.7 times the gain of the lesser performing index; if the lesser performing index finishes at or below its initial level but at or above its downside threshold, par; exposure to any decline of lesser performing index beyond 15%
Initial levels:	1,882.941 for Russell, 3,570.51 for Stoxx
Downside thresholds:	1,600.50 for Russell, 3,034.93 for Stoxx; 85% of initial levels
Pricing date:	Aug. 29, 2022
Settlement date:	Sept. 1, 2022
Agents:	UBS Securities LLC and UBS Investment Bank
Fees:	0.25%
Cusip:	90279FRE3

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