New Issue: UBS prices $516,500 buffered return optimization securities linked to SPDR Dow

New York, Feb. 19 – UBS AG, London Branch priced $516,500 of buffered return optimization securities due Feb. 26, 2021 linked to the SPDR Dow Jones Industrial Average ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF closes at or above its initial price, the payout at maturity will be par plus two times any gain, capped at par plus 39.62%.

If the ETF declines by up to 20%, the payout will be par. Investors will be exposed to any losses beyond 20%.

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

Issuer:	UBS AG, London Branch
Issue:	Buffered return optimization securities
Underlying ETF:	SPDR Dow Jones Industrial Average ETF
Amount:	$516,500
Maturity:	Feb. 26, 2021
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus two times return of ETF, capped at 39.62%; par if ETF declines by up to 20%; exposure to losses beyond 20%
Initial share price:	$163.71
Pricing date:	Feb. 19
Settlement date:	Feb. 24
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	3.5%
Cusip:	90275N645

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