New Issue: UBS prices $1.7 million trigger autocallable contingent yield notes on two stocks

By Kiku Steinfeld

Chicago, March 15 – UBS AG, London Branch priced $1.7 million of trigger autocallable contingent yield notes due Sept. 22, 2026 linked to the common stocks of CrowdStrike Holdings, Inc. and Okta, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Each quarter, the notes will pay a contingent coupon at the rate of 11% per year if the shares of each stock close at or above their coupon barrier levels, 55% of the shares’ initial share prices, on the observation date for that quarter.

After one year, the notes will be automatically called at par if the shares of each stock close at or above its initial share price on any observation date other than the final one.

If the notes are not called and the final share price of each stock is greater than or equal to its downside threshold level, 55% of the initial share price, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% that the final share price of the least performing stock is less than the initial share price.

UBS Securities LLC and UBS Investment Bank are the agents.

Issuer:	UBS AG, London Branch
Issue:	Trigger autocallable contingent yield notes
Underlying stocks:	CrowdStrike Holdings, Inc. and Okta, Inc.
Amount:	$1.7 million
Maturity:	Sept. 22, 2026
Contingent coupon:	11%, payable quarterly if each stock closes at or above coupon barrier level on observation date for that quarter
Price:	Par
Payout at maturity:	Par unless either stock finishes below downside threshold level, in which case 1% loss for each 1% decline of laggard stock from initial level
Call:	After one year, automatically at par if each stock closes at or above initial level on any quarterly observation date other than the final one
Initial prices:	$263.09 for CrowdStrike, $258.15 for Okta
Coupon barriers:	$144.70 for CrowdStrike, $141.98 for Okta, 55% of initial price
Downside thresholds:	$144.70 for CrowdStrike, $141.98 for Okta, 55% of initial price
Pricing date:	Sept. 17
Settlement date:	Sept. 22
Agents:	UBS Securities LLC and UBS Investment Bank
Fees:	3.35%
Cusip:	90279DGR1

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