New Issue: UBS prices $150,000 buffered return optimization securities on Petrobras

New York, Dec. 23 – UBS AG, London Branch priced $150,000 of buffered return optimization securities due Dec. 24, 2024 linked to Petroleo Brasileiro SA stock, according to a 424B2 filing with the Securities and Exchange Commission.

If Petr stock closes at or above its initial price, the payout at maturity will be par plus five times any gain, capped at par plus 84.99%.

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

The agent is UBS Financial Services Inc. and UBS Investment Bank.

Issuer:	UBS AG, London Branch
Issue:	Buffered return optimization securities
Underlying stock:	Petróleo Brasileiro SA (NYSE: PBR)
Amount:	$150,000
Maturity:	Dec. 24, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus five times return of Petr stock, capped at 84.99%; par if stock declines by up to 20%; exposure to losses beyond 20%
Initial share price:	$9.66
Pricing date:	Dec. 19
Settlement date:	Dec. 21
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90280B776

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