New Issue: UBS sells $2.33 million capped trigger gears on basket of 40 stocks

Chicago, Aug. 31 – UBS AG, London Branch priced $2.33 million of 0% capped trigger gears due Aug. 29, 2025 linked to an equally weighted basket of 40 selected equities, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the stocks of Asbury Automotive Group, Inc., AutoNation, Inc., Associated Banc-Corp, Acuity Brands, Inc., Bristol-Myers Squibb Co., CNX Resources Corp., Columbia Sportswear Co., Dick's Sporting Goods, Inc., EOG Resources, Inc., Eagle Materials Inc., Foot Locker, Inc., F.N.B. Corp., Gilead Sciences, Inc., Group 1 Automotive, Inc., Hain Celestial Group, Inc., Hanesbrands Inc., Hub Group, Inc., Kinder Morgan, Inc., Lennar Corp., ManpowerGroup Inc., Mohawk Industries, Inc., Middleby Corp., Merck & Co., Inc., MSC Industrial Direct Co., Inc., M&T Bank Corp., National Fuel Gas Co., NuVasive, Inc., Oneok, Inc., Old Republic International Corp., Bank OZK, PulteGroup, Inc., Pinnacle Financial Partners, Inc., PVH Corp., Everest Re Group, Ltd., Signet Jewelers Ltd., Synovus Financial Corp., Stanley Black & Decker, Inc., Toll Brothers, Inc., Valley National Bancorp and Werner Enterprises, Inc.

If the basket return is positive, the payout at maturity will be par plus two times the basket gain, up to a maximum payout of par plus 42.3%.

If the basket finishes flat or declines by no more than 25%, the payout will be par.

If the basket finishes below the 75% downside threshold, investors will lose 1% for every 1% that the basket declines from its initial level.

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

Issuer:	UBS AG, London Branch
Issue:	Capped trigger gears
Underlying stocks:	Asbury Automotive Group, Inc. (Symbol: ABG), AutoNation, Inc. (Symbol: AN), Associated Banc-Corp (Symbol: ASB), Acuity Brands, Inc. (Symbol: AYI), Bristol-Myers Squibb Co. (Symbol: BMY), CNX Resources Corp. (Symbol: CNX), Columbia Sportswear Co. (Symbol: COLM), Dick's Sporting Goods, Inc. (Symbol: DKS), EOG Resources, Inc. (Symbol: EOG), Eagle Materials Inc. (Symbol: EXP), Foot Locker, Inc. (Symbol: FL), F.N.B. Corp. (Symbol: FNB), Gilead Sciences, Inc. (Symbol: GILD), Group 1 Automotive, Inc. (Symbol: GPI), Hain Celestial Group, Inc. (Symbol: HAIN), Hanesbrands Inc. (Symbol: HBI), Hub Group, Inc. (Symbol: HUBG), Kinder Morgan, Inc. (Symbol: KMI), Lennar Corp. (Symbol: LEN), ManpowerGroup Inc. (Symbol: MAN), Mohawk Industries, Inc. (Symbol: MHK), Middleby Corp. (Symbol: MIDD), Merck & Co., Inc. (Symbol: MRK), MSC Industrial Direct Co., Inc. (Symbol: MSM), M&T Bank Corp. (Symbol: MTB), National Fuel Gas Co. (Symbol: NFG), NuVasive, Inc. (Symbol: NUVA), Oneok, Inc. (Symbol: OKE), Old Republic International Corp. (Symbol: ORI), Bank OZK (Symbol: OZK), PulteGroup, Inc. (Symbol: PHM), Pinnacle Financial Partners, Inc. (Symbol: PNFP), PVH Corp. (Symbol: PVH), Everest Re Group, Ltd. (Symbol: RE), Signet Jewelers Ltd. (Symbol: SIG), Synovus Financial Corp. (Symbol: SNV), Stanley Black & Decker, Inc. (Symbol: SWK), Toll Brothers, Inc. (Symbol: TOL), Valley National Bancorp (Symbol: VLY)and Werner Enterprises, Inc. (Symbol: WERN); equally weighted
Amount:	$2,331,000
Maturity:	Aug. 29, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus two times any basket gain, capped at par plus 42.3%; par if basket finishes flat or falls by up to 25%; otherwise, 1% loss for every 1% basket decline from its initial level
Initial share prices:	$184.28 for Asbury, $126.35 for AutoNation, $20.59 for Associated, $171.70 for Acuity, $71.19 for Bristol, $17.61 for CNX, $73.28 for Columbia, $106.74 for Dick’s, $124.57 for EOG, $122.42 for Eagle Materials, $36.75 for Foot Locker, $12.21 for F.N.B., $62.37 for Gilead, $185.83 for Group 1, $21.28 for Hain, $9.04 for Hanesbrands, $83.52 for Hub, $18.99 for Kinder Morgan, $80.33 for Lennar, $73.91 for Manpower, $109.55 for Mohawk, $147.95 for Middleby, $89.26 for Merck, $81.90 for MSC, $184.02 for M&T, $73.19 for National Fuel, $43.58 for NuVasive, $64.84 for Oneok, $24.02 for Old Republic, $41.29 for Bank OZK, $41.04 for Pulte, $82.04 for Pinnacle, $64.03 for PVH, $272.92 for Everest, $68.40 for Signet, $41.37 for Synovus, $90.07 for Stanley, $46.12 for Toll, $12.13 for Valley and $41.50 for Werner
Downside threshold:	75% of initial basket level
Pricing date:	Aug. 26, 2022
Settlement date:	Aug. 31, 2022
Agents:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2.5%
Cusip:	90289U650

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