New Issue: UBS prices $117,968 11.87% trigger yield optimization notes on Ovintiv

New York, June 16 – UBS AG, London Branch priced $117,968.91 of 11.87% trigger yield optimization notes due June 18, 2024 linked to the common stock of Ovintiv Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is $38.19, which is equal to the initial share price of Ovintiv stock.

Interest is payable monthly.

The payout at maturity will be par unless the final price of Ovintiv stock is less than 60% of the initial share price, in which case investors will receive a cash payment per note equal to the final price.

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

Issuer:	UBS AG, London Branch
Issue:	Trigger yield optimization notes
Underlying stock:	Ovintiv Inc. (NYSE: OVV)
Amount:	$117,968.91
Maturity:	June 18, 2024
Coupon:	11.87%, payable monthly
Price:	Par of $38.19
Payout at maturity:	If final share price is less than trigger price, cash amount equal to final price; otherwise, par
Initial share price:	$38.19
Trigger price:	$22.91, 60% of initial price
Pricing date:	June 13
Settlement date:	June 15
Underwriters:	UBS Financial Services Inc. and UBS Investment Bank
Fees:	2%
Cusip:	90286V818

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