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Published on 5/10/2023 in the Prospect News Structured Products Daily.

New Issue: UBS prices $800,000 buffer gears linked to S&P, Nasdaq, Russell

Chicago, May 10 – UBS AG, London Branch priced $800,000 of 0% buffer gears due June 20, 2024 linked to the least performing of the Nasdaq-100 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.05 times any gain in the least performing index.

Investors will receive par if the worst performer falls by up to 24% and will lose 1% for every 1% decline of the worst performer beyond 24%.

UBS Securities LLC and UBS Investment Bank are the agents.

Issuer:UBS AG, London Branch
Issue:Buffer gears
Underlying indexes:S&P 500 index, Nasdaq-100 index, Russell 2000 index
Amount:$800,000
Maturity:June 20, 2024
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.05 times any gain in the least performing index; par if worst performer falls by up to 24%; otherwise, 1% loss for every 1% decline of worst performer beyond 24%
Initial levels:11,311.69 for Nasdaq, 1,707.829 for Russell, 3,735.48 for S&P
Downside thresholds:8,596.88 for Nasdaq, 1,297.95 for Russell, 2,838.96 for S&P; 76% of initial levels
Pricing date:June 14, 2022
Settlement date:June 17, 2022
Agents:UBS Securities LLC and UBS Investment Bank
Fees:0.5%
Cusip:90279FHV6

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