New Issue: UBS prices $337,000 trigger return optimization securities on retail ETF

Chicago, Aug. 31 – UBS AG, London Branch priced $337,000 of trigger return optimization securities due Aug. 29, 2024 linked to the shares of the SPDR S&P Retail ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund closes at or above the initial price, the payout at maturity will be par plus 1.25 times any gain in the fund capped at 59.73%.

Investors will receive par if the fund declines but finishes above the 80% trigger level and will share in any losses if it closes below the trigger level.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger return optimization securities
Underlying fund:	SPDR S&P Retail ETF
Amount:	$337,000
Maturity:	Aug. 29, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 1.25 times any gain in shares of SPDR, capped at 59.73%; par if fund declines but finishes above the trigger level; otherwise, exposure to any losses
Initial share price:	$65.55
Trigger level:	$52.44, 80% of initial price
Pricing date:	Aug. 26, 2022
Settlement date:	Aug. 30, 2022
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90303X169

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