New Issue: UBS prices $1.88 million capped trigger gears tied to Dow

Chicago, Aug. 2 – UBS AG, London Branch priced $1.88 million of 0% capped trigger gears due July 31, 2026 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any gain of the index, capped at par plus 31.65%.

If the index falls by up to 25%, the payout will be par.

Otherwise, investors will lose 1% for every 1% that the index declines below the initial level.

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

Issuer:	UBS AG, London Branch
Issue:	Capped trigger gears
Underlying index:	Dow Jones industrial average
Amount:	$1,879,300
Maturity:	July 31, 2026
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index gains, par plus triple return of the index, capped at par plus 31.65%; if the index falls by up to 25%, par; otherwise, 1% loss for every 1% that the index declines below the initial level
Initial level:	35,520.12
Downside threshold:	26,640.09; 75% of initial level
Pricing date:	July 26
Settlement date:	July 31
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2.5%
Cusip:	90289Y264

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