UBS AG ETRACS Crude Oil Shares Covered Call ETN (USOI)

UBS Declares Coupon Payments on 8 ETRACS Exchange Traded NotesJune 4, 2026 4:30 PM
Business Wire HDLB: linked to the Solactive US High Dividend Low Volatility Index SMHB: linked to the Solactive US Small Cap High Dividend Index PFFL: linked to the Solactive Preferred Stock ETF Index CEFD: linked to the S-Network Composite Closed-End Fund Index MVRL: linked to the MVIS US Mortgage REITs Index GLDI: linked to the Nasdaq Gold FLOWS™ 103 Index SLVO: linked to the Nasdaq Silver FLOWS™ 106 Index USOI: linked to the Nasdaq WTI Crude Oil FLOWS™ 106 Index UBS Investment Bank today announced coupon payments for 5 ETRACS Exchange Traded Notes traded on the NYSE Arca and expected coupon payments for 3 ETRACS Exchange Traded Notes traded on NASDAQ (together, the “ETNs”). NYSE Ticker ETN Name and Prospectus Supplementa Coupon Valuation Date Ex-Date Record Date Payment Date Coupon Amount Payment Schedule Current Yield (annualized) b HDLB ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B 6/1/2026 6/12/2026 6/12/2026 6/23/2026 $0.0757 Monthly 11.58% SMHB ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B 6/1/2026 6/12/2026 6/12/2026 6/23/2026 $0.0480 Monthly 20.07% PFFL ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN 6/1/2026 6/12/2026 6/12/2026 6/23/2026 $0.1081 Monthly 11.27% CEFD ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN 6/1/2026 6/12/2026 6/12/2026 6/23/2026 $0.2162 Monthly 14.30% MVRL ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN 6/1/2026 6/12/2026 6/12/2026 6/23/2026 $0.1037 Monthly 21.37% a The table above provides a hyperlink to the relevant prospectus and supplements thereto for each of our ETRACS ETNs, which are identified by their names. For more information on each ETRACS ETN, see “List of ETNs”. b “Current Yield (annualized)” equals the current Coupon Amount and the two immediately preceding Coupon Amounts, multiplied by four (to annualize such coupons), divided by the closing Current Indicative Value of the ETN on its current Coupon Valuation Date rounded to two decimal places for ease of analysis. The Current Yield is not indicative of future coupon payments, if any, on the ETN. You are not guaranteed any coupon or distribution amount under the ETN. Note: HDLB, SMHB and PFFL pay a variable monthly coupon linked to 2 times the cash distributions, if any, on the respective underlying index constituents, less withholding taxes, if any. CEFD and MVRL pay a variable monthly coupon linked to 1.5 times the cash distributions, if any, on the respective underlying index constituents, less withholding taxes, if any. Variations in the amount of monthly distributions will lead to large variations in the Current Yield as calculated above. As such, the Current Yield is not indicative of future coupon payments, if any, on these ETNs. NASDAQ Ticker ETN Name and Pricing Supplementc Closing Indicative Value on 5/29/2026 Ex-Date Record Date Payment Date Expected Coupon Amount per ETNd Payment Schedule Expected Current Yielde GLDI ETRACS Gold Shares Covered Call ETNs due February 2, 2033 $161.3473 6/22/2026 6/22/2026 6/25/2026 $5.5597 Monthly 33.89%f SLVO ETRACS Silver Shares Covered Call ETNs due April 21, 2033 $85.2828 6/22/2026 6/22/2026 6/25/2026 $7.0406 Monthly 77.94%f USOI ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037 $52.4719 6/22/2026 6/22/2026 6/25/2026 $2.5475 Monthly 98.13%f c The table above provides a hyperlink to the relevant prospectus and supplements thereto for each of our ETRACS ETNs, which are identified by their names. d On May 11, 2026, the Nasdaq Gold FLOWS™ 103 Index, the Nasdaq Silver FLOWS™ 106 Index and the Nasdaq WTI Crude Oil FLOWS™ 106 Index (the “Indices”) concluded the notional sale of options on GLD shares, SLV shares and USO shares, respectively, with June 2026 expiration. We expect that the notional cash distribution generated by this sale of options will be withdrawn from the Indices on June 12, 2026, subject to adjustment in the event of any market disruption events. Assuming no redemption or acceleration of GLDI, SLVO and USOI, and that the notional cash distribution is withdrawn from the Indices on June 12, 2026, we expect to declare a Coupon Amount for GLDI, SLVO and USOI, respectively, equal to the corresponding Expected Coupon Amount per ETN. The Expected Coupon Amount per ETN is subject to change upon the occurrence of a disruption event or other unforeseen circumstances. e For each ETN, the Expected Current Yield equals the Expected Coupon Amount annualized and divided by the Closing Indicative Value, as discussed in more detail below. The Expected Current Yield, which is based on an ETN’s Expected Coupon Amount and its two most recent coupon payments, is not indicative of future coupon payments, if any, on the ETNs. In particular, future coupon payments on an ETN may differ significantly from its Expected Current Yield, if its Closing Indicative Value fluctuates widely in a volatile market. You are not guaranteed any coupon payment or distribution under the ETNs. Coupon payments for the ETNs (if any) are variable and do not represent fixed, periodic interest payments. The Expected Coupon Amount for any ETN may vary significantly from coupon period to coupon period and may be zero. Accordingly, the Expected Current Yield will change over time, and such change may be significant. Any payment on the ETNs is subject to UBS AG’s ability to pay its obligations as they become due. For more information regarding any ETN's coupon payments, please refer to such ETN's pricing supplement. f“Expected Current Yield” equals the sum of (i) the Expected Coupon Amount, plus (ii) the amount of the ETN's two most recent coupon payments, multiplied by four (to annualize such coupons), divided by the Closing Indicative Value, and rounded to two decimal places for ease of analysis. The Expected Current Yield is subject to change upon the occurrence of a disruption event or other unforeseen circumstances. Cautionary Statement Regarding Forward-Looking Statements This press release contains statements that constitute “forward-looking statements” that are subject to risks and uncertainties, and actual results may differ materially. These statements could contain words such as “possible,” “intend,” “will,” “may,” “intends,” “would,” “if,” “expect,” “potentially” or other similar expressions. Forward-looking statements, including those relating to UBS AG’s plans for the ETNs, are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. While these forward-looking statements represent UBS’s judgments, expectations and objectives concerning the matters described, a number of risks, uncertainties and other important factors, including whether UBS AG will actually declare a Coupon Amount for the 3 ETNs traded on NASDAQ, could cause actual developments and results to differ materially from UBS’s expectations. For a discussion of the risks and uncertainties that may affect the ETNs please refer to the "Risk Factors" in the prospectus supplements and pricing supplement relating to the 3 ETNs traded on NASDAQ. UBS is not under any obligation to (and expressly disclaims any obligation to) update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise. About ETRACS ETRACS ETNs are senior unsecured notes issued by UBS AG, are traded on either NYSE Arca or NASDAQ, and can be bought and sold through a broker or financial advisor. An investment in ETRACS ETNs is subject to a number of risks, including the risk of loss of some or all of the investor’s principal, and is subject to the creditworthiness of UBS AG. Investors are not guaranteed any coupon or distribution amount under the ETNs. We urge you to read the more detailed explanation of risks described under “Risk Factors” in the applicable prospectus supplement for the ETRACS ETN. UBS AG has filed a registration statement (including a prospectus and supplements thereto) with the Securities and Exchange Commission, or SEC, for the offerings of securities to which this communication relates. Before you invest, you should read the relevant prospectus, along with the applicable prospectus supplement and pricing supplements to understand fully the terms of the securities and other considerations that are important in making a decision about investing in the ETRACS ETNs. The applicable offering document for each ETRACS ETN may be obtained by clicking on the name of each ETRACS ETN identified above. You may also get these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, you can request the prospectus, the applicable prospectus supplement or pricing supplement, by calling toll-free (+1-877-387-2275). The securities related to the offerings are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of the United States, Switzerland or any other jurisdiction. About UBS UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. It also provides diversified asset management solutions and focused investment banking capabilities. UBS manages 6.9 trillion dollars of invested assets as per the third quarter of 2025. UBS helps clients achieve their financial goals through personalized advice, solutions and products. Headquartered in Zurich, Switzerland, the firm is operating in more than 50 markets around the globe. UBS Group shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE). In the US, securities underwriting, trading and brokerage activities and M&A advisor activities are provided by UBS Securities LLC, a registered broker/dealer that is a wholly owned subsidiary of UBS AG, a member of the New York Stock Exchange and other principal exchanges, and a member of SIPC (http://www.sipc.org/). UBS Financial Services Inc. is a registered broker/dealer and affiliate of UBS Securities LLC. This material is issued by UBS AG and/or any of its subsidiaries and/or any of its affiliates ("UBS"). This document was produced by and the opinions expressed are those of UBS as of the date of writing and are subject to change. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of UBS to any person to buy or sell any security. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but UBS does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof. Products and services mentioned in this material may not be available for residents of certain jurisdictions. Past performance is not necessarily indicative of future results. Please consult the restrictions relating to the product or service in question for further information. With respect to Solactive US High Dividend Low Volatility Index, Solactive US Small Cap High Dividend Index or Solactive Preferred Stock ETF Index, the financial instrument is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index Price at any time or in any other respect. The S-Network Composite Closed-End Fund Index is a service mark of S-Network Global Indexes, Inc. (“S-Network”) and its use is granted under a license from S-Network. S-Network does not guarantee the accuracy and/or completeness of the S-Network Composite Closed-End Fund Index or any data included therein, and S-Network shall have no liability for any errors, omissions, interruptions, or defects therein. S-Network makes no warranty, express or implied, representations or promises, as to results to be obtained by UBS AG, or any other person or entity from the use of the S-Network Composite Closed-End Fund Index or any data included therein. S-Network makes no express or implied warranties, representations or promises, regarding the originality, merchantability, suitability, non-infringement, or fitness for a particular purpose or use with respect to the S-Network Composite Closed-End Fund Index or any data included therein. Without limiting any of the foregoing, in no event shall S-Network have any liability for any direct, indirect, special, incidental, punitive, consequential, or other damages (including lost profits), even if notified of the possibility of such damages. The ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (“MVRL ETN”) is not sponsored, endorsed, sold or promoted by MarketVector Indexes GmbH (“Licensor”) and Licensor makes no representation or warranty, express or implied, to the owners of the MVRL ETN or any member of the public regarding the advisability of investing in securities generally or in the MVRL ETN particularly or the ability of the Market Vectors® MVIS US Mortgage REITs Index to track the performance of the US mortgage REIT market. UBS specifically prohibits the redistribution or reproduction of this communication in whole or in part without the prior written permission of UBS and UBS accepts no liability whatsoever for the actions of third parties in this respect. © UBS 2026. The key symbol, UBS and ETRACS are among the registered and unregistered trademarks of UBS. Other marks may be trademarks of their respective owners. All rights reserved. __________________________________
1 Individual investors should instruct their broker/advisor/custodian to call us or should call together with their broker/advisor/custodian. View source version on businesswire.com: https://www.businesswire.com/news/home/20260604881352/en/ Media contact
Alison Keunen
+1-212-713-2296
alison.keunen@ubs.com Institutional Investor contact1
+1-877-387-2275 Original: UBS Declares Coupon Payments on 8 ETRACS Exchange Traded Notes

UBS declares coupon payments on 8 ETRACS Exchange Traded NotesMay 5, 2026 4:30 PM
Business Wire HDLB: linked to the Solactive US High Dividend Low Volatility Index SMHB: linked to the Solactive US Small Cap High Dividend Index PFFL: linked to the Solactive Preferred Stock ETF Index CEFD: linked to the S-Network Composite Closed-End Fund Index MVRL: linked to the MVIS US Mortgage REITs Index GLDI: linked to the Nasdaq Gold FLOWS™ 103 Index SLVO: linked to the Nasdaq Silver FLOWS™ 106 Index USOI: linked to the Nasdaq WTI Crude Oil FLOWS™ 106 Index UBS Investment Bank today announced coupon payments for 5 ETRACS Exchange Traded Notes traded on the NYSE Arca and expected coupon payments for 3 ETRACS Exchange Traded Notes traded on NASDAQ (together, the “ETNs”). NYSE Ticker ETN Name and Prospectus Supplementa Coupon Valuation Date Ex-Date Record Date Payment Date Coupon Amount Payment Schedule Current Yield (annualized) b HDLB ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B 4/30/2026 5/13/2026 5/13/2026 5/21/2026 $0.2139 Monthly 11.03% SMHB ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B 4/30/2026 5/13/2026 5/13/2026 5/21/2026 $0.0780 Monthly 18.76% PFFL ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN 4/30/2026 5/13/2026 5/13/2026 5/21/2026 $0.0774 Monthly 10.51% CEFD ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN 4/30/2026 5/13/2026 5/13/2026 5/21/2026 $0.2155 Monthly 14.64% MVRL ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN 4/30/2026 5/13/2026 5/13/2026 5/21/2026 $0.5095 Monthly 18.55% a The table above provides a hyperlink to the relevant prospectus and supplements thereto for each of our ETRACS ETNs, which are identified by their names. For more information on each ETRACS ETN, see “List of ETNs”.   b “Current Yield (annualized)” equals the current Coupon Amount and the two immediately preceding Coupon Amounts, multiplied by four (to annualize such coupons), divided by the closing Current Indicative Value of the ETN on its current Coupon Valuation Date rounded to two decimal places for ease of analysis. The Current Yield is not indicative of future coupon payments, if any, on the ETN. You are not guaranteed any coupon or distribution amount under the ETN.   Note: HDLB, SMHB and PFFL pay a variable monthly coupon linked to 2 times the cash distributions, if any, on the respective underlying index constituents, less withholding taxes, if any. CEFD and MVRL pay a variable monthly coupon linked to 1.5 times the cash distributions, if any, on the respective underlying index constituents, less withholding taxes, if any. Variations in the amount of monthly distributions will lead to large variations in the Current Yield as calculated above. As such, the Current Yield is not indicative of future coupon payments, if any, on these ETNs. NASDAQ Ticker ETN Name and Pricing Supplementc Closing Indicative Value on 4/30/2026 Ex-Date Record Date Payment Date Expected Coupon Amount per ETNd Payment Schedule Expected Current Yielde GLDI ETRACS Gold Shares Covered Call ETNs due February 2, 2033 $164.2171 5/20/2026 5/20/2026 5/26/2026 $4.4271 Monthly 26.50%f SLVO ETRACS Silver Shares Covered Call ETNs due April 21, 2033 $86.1058 5/20/2026 5/20/2026 5/26/2026 $4.7256 Monthly 62.95%f USOI ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037 $57.8727 5/20/2026 5/20/2026 5/26/2026 $2.8511 Monthly 80.29%f c The table above provides a hyperlink to the relevant prospectus and supplements thereto for each of our ETRACS ETNs, which are identified by their names.   d On April 13, 2026, the Nasdaq Gold FLOWS™ 103 Index, the Nasdaq Silver FLOWS™ 106 Index and the Nasdaq WTI Crude Oil FLOWS™ 106 Index (the “Indices”) concluded the notional sale of options on GLD shares, SLV shares and USO shares, respectively, with May 2026 expiration. We expect that the notional cash distribution generated by this sale of options will be withdrawn from the Indices on May 11, 2026, subject to adjustment in the event of any market disruption events. Assuming no redemption or acceleration of GLDI, SLVO and USOI, and that the notional cash distribution is withdrawn from the Indices on May 11, 2026, we expect to declare a Coupon Amount for GLDI, SLVO and USOI, respectively, equal to the corresponding Expected Coupon Amount per ETN. The Expected Coupon Amount per ETN is subject to change upon the occurrence of a disruption event or other unforeseen circumstances.   e For each ETN, the Expected Current Yield equals the Expected Coupon Amount annualized and divided by the Closing Indicative Value, as discussed in more detail below. The Expected Current Yield, which is based on an ETN’s Expected Coupon Amount and its two most recent coupon payments, is not indicative of future coupon payments, if any, on the ETNs. In particular, future coupon payments on an ETN may differ significantly from its Expected Current Yield, if its Closing Indicative Value fluctuates widely in a volatile market. You are not guaranteed any coupon payment or distribution under the ETNs. Coupon payments for the ETNs (if any) are variable and do not represent fixed, periodic interest payments. The Expected Coupon Amount for any ETN may vary significantly from coupon period to coupon period and may be zero. Accordingly, the Expected Current Yield will change over time, and such change may be significant. Any payment on the ETNs is subject to UBS AG’s ability to pay its obligations as they become due. For more information regarding any ETN's coupon payments, please refer to such ETN's pricing supplement.   f“Expected Current Yield” equals the sum of (i) the Expected Coupon Amount, plus (ii) the amount of the ETN's two most recent coupon payments, multiplied by four (to annualize such coupons), divided by the Closing Indicative Value, and rounded to two decimal places for ease of analysis. The Expected Current Yield is subject to change upon the occurrence of a disruption event or other unforeseen circumstances. Cautionary Statement Regarding Forward-Looking Statements This press release contains statements that constitute “forward-looking statements” that are subject to risks and uncertainties, and actual results may differ materially. These statements could contain words such as “possible,” “intend,” “will,” “may,” “intends,” “would,” “if,” “expect,” “potentially” or other similar expressions. Forward-looking statements, including those relating to UBS AG’s plans for the ETNs, are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. While these forward-looking statements represent UBS’s judgments, expectations and objectives concerning the matters described, a number of risks, uncertainties and other important factors, including whether UBS AG will actually declare a Coupon Amount for the 3 ETNs traded on NASDAQ, could cause actual developments and results to differ materially from UBS’s expectations. For a discussion of the risks and uncertainties that may affect the ETNs please refer to the "Risk Factors" in the prospectus supplements and pricing supplement relating to the 3 ETNs traded on NASDAQ. UBS is not under any obligation to (and expressly disclaims any obligation to) update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise. About ETRACS ETRACS ETNs are senior unsecured notes issued by UBS AG, are traded on either NYSE Arca or NASDAQ, and can be bought and sold through a broker or financial advisor. An investment in ETRACS ETNs is subject to a number of risks, including the risk of loss of some or all of the investor’s principal, and is subject to the creditworthiness of UBS AG. Investors are not guaranteed any coupon or distribution amount under the ETNs. We urge you to read the more detailed explanation of risks described under “Risk Factors” in the applicable prospectus supplement for the ETRACS ETN. UBS AG has filed a registration statement (including a prospectus and supplements thereto) with the Securities and Exchange Commission, or SEC, for the offerings of securities to which this communication relates. Before you invest, you should read the relevant prospectus, along with the applicable prospectus supplement and pricing supplements to understand fully the terms of the securities and other considerations that are important in making a decision about investing in the ETRACS ETNs. The applicable offering document for each ETRACS ETN may be obtained by clicking on the name of each ETRACS ETN identified above. You may also get these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, you can request the prospectus, the applicable prospectus supplement or pricing supplement, by calling toll-free (+1-877-387-2275). The securities related to the offerings are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of the United States, Switzerland or any other jurisdiction. About UBS UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. It also provides diversified asset management solutions and focused investment banking capabilities. UBS manages 6.9 trillion dollars of invested assets as per the third quarter of 2025. UBS helps clients achieve their financial goals through personalized advice, solutions and products. Headquartered in Zurich, Switzerland, the firm is operating in more than 50 markets around the globe. UBS Group shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE). In the US, securities underwriting, trading and brokerage activities and M&A advisor activities are provided by UBS Securities LLC, a registered broker/dealer that is a wholly owned subsidiary of UBS AG, a member of the New York Stock Exchange and other principal exchanges, and a member of SIPC (http://www.sipc.org/). UBS Financial Services Inc. is a registered broker/dealer and affiliate of UBS Securities LLC. This material is issued by UBS AG and/or any of its subsidiaries and/or any of its affiliates ("UBS"). This document was produced by and the opinions expressed are those of UBS as of the date of writing and are subject to change. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of UBS to any person to buy or sell any security. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but UBS does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof. Products and services mentioned in this material may not be available for residents of certain jurisdictions. Past performance is not necessarily indicative of future results. Please consult the restrictions relating to the product or service in question for further information. With respect to Solactive US High Dividend Low Volatility Index, Solactive US Small Cap High Dividend Index or Solactive Preferred Stock ETF Index, the financial instrument is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index Price at any time or in any other respect. The S-Network Composite Closed-End Fund Index is a service mark of S-Network Global Indexes, Inc. (“S-Network”) and its use is granted under a license from S-Network. S-Network does not guarantee the accuracy and/or completeness of the S-Network Composite Closed-End Fund Index or any data included therein, and S-Network shall have no liability for any errors, omissions, interruptions, or defects therein. S-Network makes no warranty, express or implied, representations or promises, as to results to be obtained by UBS AG, or any other person or entity from the use of the S-Network Composite Closed-End Fund Index or any data included therein. S-Network makes no express or implied warranties, representations or promises, regarding the originality, merchantability, suitability, non-infringement, or fitness for a particular purpose or use with respect to the S-Network Composite Closed-End Fund Index or any data included therein. Without limiting any of the foregoing, in no event shall S-Network have any liability for any direct, indirect, special, incidental, punitive, consequential, or other damages (including lost profits), even if notified of the possibility of such damages. The ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (“MVRL ETN”) is not sponsored, endorsed, sold or promoted by MarketVector Indexes GmbH (“Licensor”) and Licensor makes no representation or warranty, express or implied, to the owners of the MVRL ETN or any member of the public regarding the advisability of investing in securities generally or in the MVRL ETN particularly or the ability of the Market Vectors® MVIS US Mortgage REITs Index to track the performance of the US mortgage REIT market. UBS specifically prohibits the redistribution or reproduction of this communication in whole or in part without the prior written permission of UBS and UBS accepts no liability whatsoever for the actions of third parties in this respect. © UBS 2026. The key symbol, UBS and ETRACS are among the registered and unregistered trademarks of UBS. Other marks may be trademarks of their respective owners. All rights reserved. 1 Individual investors should instruct their broker/advisor/custodian to call us or should call together with their broker/advisor/custodian.   View source version on businesswire.com: https://www.businesswire.com/news/home/20260505022163/en/ Media contact
Alison Keunen
+1-212-713-2296
alison.keunen@ubs.com Institutional Investor contact1
+1-877-387-2275 Original: UBS declares coupon payments on 8 ETRACS Exchange Traded Notes

UBS Declares Coupon Payments on 12 ETRACS Exchange Traded NotesApril 6, 2026 4:30 PM
Business Wire
MLPB: linked to the Alerian MLP Infrastructure Index


MLPR: linked to the Alerian MLP Index


BDCZ: linked to the MarketVector US Business Development Companies Liquid Index


BDCX: linked to the MarketVector US Business Development Companies Liquid Index


HDLB: linked to the Solactive US High Dividend Low Volatility Index


SMHB: linked to the Solactive US Small Cap High Dividend Index


PFFL: linked to the Solactive Preferred Stock ETF Index


CEFD: linked to the S-Network Composite Closed-End Fund Index


MVRL: linked to the MVIS US Mortgage REITs Index


GLDI: linked to the Nasdaq Gold FLOWS™ 103 Index


SLVO: linked to the Nasdaq Silver FLOWS™ 106 Index


USOI: linked to the Nasdaq WTI Crude Oil FLOWS™ 106 Index


UBS Investment Bank today announced coupon payments for 9 ETRACS Exchange Traded Notes traded on the NYSE Arca and expected coupon payments for 3 ETRACS Exchange Traded Notes traded on NASDAQ (together, the “ETNs”).




NYSE Ticker






ETN Name and Prospectus Supplementa






Coupon Valuation Date






Ex-Date






Record Date






Payment Date






Coupon Amount






Payment Schedule






Current Yield (annualized)








MLPBb






ETRACS Alerian MLP Infrastructure Index ETN Series B






3/30/2026






4/13/2026






4/13/2026






4/21/2026






$0.4359






Quarterly






5.91%








MLPRb






ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN






3/30/2026






4/13/2026






4/13/2026






4/21/2026






$1.6645






Quarterly






9.24%








BDCZb






ETRACS MarketVector Business Development Companies Liquid Index ETN






3/30/2026






4/13/2026






4/13/2026






4/21/2026






$0.4526






Quarterly






12.27%








BDCXb






ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN






3/30/2026






4/13/2026






4/13/2026






4/21/2026






$1.0311






Quarterly






20.88%








HDLBC






ETRACS Monthly Pay 2x Leveraged US High Dividend Low Volatility ETN Series B






3/30/2026






4/13/2026






4/13/2026






4/21/2026






$0.1743






Monthly






10.17%








SMHBC






ETRACS Monthly Pay 2x Leveraged US Small Cap High Dividend ETN Series B






3/30/2026






4/13/2026






4/13/2026






4/21/2026






$0.0716






Monthly






20.83%








PFFLC






ETRACS Monthly Pay 2x Leveraged Preferred Stock ETN






3/30/2026






4/13/2026






4/13/2026






4/21/2026






$0.0407






Monthly






9.58%








CEFDC






ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN






3/30/2026






4/13/2026






4/13/2026






4/21/2026






$0.2588






Monthly






16.35%








MVRLC






ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN






3/30/2026






4/13/2026






4/13/2026






4/21/2026






$0.0959






Monthly






20.92%







a The table above provides a hyperlink to the relevant prospectus and supplements thereto for each of our ETRACS ETNs, which are identified by their names. For more information on each ETRACS ETN, see “List of ETNs”.


b “Current Yield (annualized)” equals the current quarterly Coupon Amount, multiplied by four (to annualize such coupon), divided by the closing Current Indicative Value of the ETN on its current Coupon Valuation Date rounded to two decimal places for ease of analysis. The Current Yield is not indicative of future coupon payments, if any, on the ETN. You are not guaranteed any coupon or distribution amount under the ETN.


c “Current Yield (annualized)” equals the current monthly Coupon Amount and the two immediately preceding monthly Coupon Amounts, multiplied by four (to annualize such coupons), divided by the closing Current Indicative Value of the ETN on its current Coupon Valuation Date rounded to two decimal places for ease of analysis. The Current Yield is not indicative of future coupon payments, if any, on the ETN. You are not guaranteed any coupon or distribution amount under the ETN.


Note: HDLB, SMHB and PFFL pay a variable monthly coupon linked to 2 times the cash distributions, if any, on the respective underlying index constituents, less withholding taxes, if any. CEFD and MVRL pay a variable monthly coupon, and MLPR and BDCX pay a variable quarterly coupon, each linked to 1.5 times the cash distributions, if any, on the respective underlying index constituents, less withholding taxes, if any. Variations in the amount of monthly or quarterly distributions will lead to large variations in the Current Yield as calculated above. As such, the Current Yield is not indicative of future coupon payments, if any, on these ETNs.




NASDAQ Ticker






ETN Name and Pricing Supplementd






Closing Indicative Value on 3/31/2026






Ex-Date






Record Date






Payment Date






Expected Coupon Amount per ETNe






Payment Schedule






Expected Current Yieldf








GLDI






ETRACS Gold Shares Covered Call ETNs due February 2, 2033






$166.4682






4/22/2026






4/22/2026






4/27/2026






$3.6828






Monthly






25.87%g








SLVO






ETRACS Silver Shares Covered Call ETNs due April 21, 2033






$88.8856






4/22/2026






4/22/2026






4/27/2026






$4.8521






Monthly






75.31%g








USOI






ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037






$57.9502






4/22/2026






4/22/2026






4/27/2026






$7.4747






Monthly






66.84%g







d The table above provides a hyperlink to the relevant prospectus and supplements thereto for each of our ETRACS ETNs, which are identified by their names.


e On March 16, 2026, the Nasdaq Gold FLOWSTM 103 Index, the Nasdaq Silver FLOWSTM 106 Index and the Nasdaq WTI Crude Oil FLOWSTM 106 Index (the “Indices”) concluded the notional sale of options on GLD shares, SLV shares and USO shares, respectively, with April 2026 expiration. We expect that the notional cash distribution generated by this sale of options will be withdrawn from the Indices on April 13, 2026, subject to adjustment in the event of any market disruption events. Assuming no redemption or acceleration of GLDI, SLVO and USOI, and that the notional cash distribution is withdrawn from the Indices on April 13, 2026, we expect to declare a Coupon Amount for GLDI, SLVO and USOI, respectively, equal to the corresponding Expected Coupon Amount. The Expected Coupon Amount is subject to change upon the occurrence of a disruption event or other unforeseen circumstances.


f For each ETN, the Expected Current Yield equals the Expected Coupon Amount annualized and divided by the Closing Indicative Value, as discussed in more detail below. The Expected Current Yield, which is based on an ETN’s Expected Coupon Amount and its two most recent coupon payments, is not indicative of future coupon payments, if any, on the ETNs. In particular, future coupon payments on an ETN may differ significantly from its Expected Current Yield, if its Closing Indicative Value fluctuates widely in a volatile market. You are not guaranteed any coupon payment or distribution under the ETNs. Coupon payments for the ETNs (if any) are variable and do not represent fixed, periodic interest payments. The Expected Coupon Amount for any ETN may vary significantly from coupon period to coupon period and may be zero. Accordingly, the Expected Current Yield will change over time, and such change may be significant. Any payment on the ETNs is subject to UBS AG’s ability to pay its obligations as they become due. For more information regarding any ETN's coupon payments, please refer to such ETN's pricing supplement.


g “Expected Current Yield” equals the sum of (i) the Expected Coupon Amount, plus (ii) the amount of the ETN's two most recent coupon payments, multiplied by four (to annualize such coupons), divided by the Closing Indicative Value, and rounded to two decimal places for ease of analysis. The Expected Current Yield is subject to change upon the occurrence of a disruption event or other unforeseen circumstances.


Cautionary Statement Regarding Forward-Looking Statements


This press release contains statements that constitute “forward-looking statements” that are subject to risks and uncertainties, and actual results may differ materially. These statements could contain words such as “possible,” “intend,” “will,” “may,” “intends,” “would,” “if,” “expect,” “potentially” or other similar expressions. Forward-looking statements, including those relating to UBS AG’s plans for the ETNs, are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. While these forward-looking statements represent UBS’s judgments, expectations and objectives concerning the matters described, a number of risks, uncertainties and other important factors, including whether UBS AG will actually declare a Coupon Amount for the 3 ETNs traded on NASDAQ, could cause actual developments and results to differ materially from UBS’s expectations. For a discussion of the risks and uncertainties that may affect the ETNs please refer to the "Risk Factors" in the prospectus supplements and pricing supplement relating to the 3 ETNs traded on NASDAQ. UBS is not under any obligation to (and expressly disclaims any obligation to) update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.


About ETRACS


ETRACS ETNs are senior unsecured notes issued by UBS AG, are traded on either NYSE Arca or Nasdaq, and can be bought and sold through a broker or financial advisor. An investment in ETRACS ETNs is subject to a number of risks, including the risk of loss of some or all of the investor’s principal, and is subject to the creditworthiness of UBS AG. Investors are not guaranteed any coupon or distribution amount under the ETNs. We urge you to read the more detailed explanation of risks described under “Risk Factors” in the applicable prospectus supplement for the ETRACS ETN.


UBS AG has filed a registration statement (including a prospectus and supplements thereto) with the Securities and Exchange Commission, or SEC, for the offerings of securities to which this communication relates. Before you invest, you should read the relevant prospectus, along with the applicable prospectus supplement and pricing supplements to understand fully the terms of the securities and other considerations that are important in making a decision about investing in the ETRACS ETNs. The applicable offering document for each ETRACS ETN may be obtained by clicking on the name of each ETRACS ETN identified above. You may also get these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, you can request the prospectus and the applicable prospectus supplement, by calling toll-free (+1-877-387-2275). The securities related to the offerings are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of the United States, Switzerland or any other jurisdiction.


About UBS


UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. It also provides diversified asset management solutions and focused investment banking capabilities. UBS manages 6.9 trillion dollars of invested assets as per the third quarter 2025. UBS helps clients achieve their financial goals through personalized advice, solutions and products. Headquartered in Zurich, Switzerland, the firm is operating in more than 50 markets around the globe. UBS Group shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).


In the US, securities underwriting, trading and brokerage activities and M&A advisor activities are provided by UBS Securities LLC, a registered broker/dealer that is a wholly owned subsidiary of UBS AG, a member of the New York Stock Exchange and other principal exchanges, and a member of SIPC (http://www.sipc.org/). UBS Financial Services Inc. is a registered broker/dealer and affiliate of UBS Securities LLC.


This material is issued by UBS AG and/or any of its subsidiaries and/or any of its affiliates ("UBS"). This document was produced by and the opinions expressed are those of UBS as of the date of writing and are subject to change. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of UBS to any person to buy or sell any security. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but UBS does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof. Products and services mentioned in this material may not be available for residents of certain jurisdictions. Past performance is not necessarily indicative of future results. Please consult the restrictions relating to the product or service in question for further information.


The financial instrument is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index Price at any time or in any other respect.


Alerian MLP Index, Alerian MLP Infrastructure Index, Alerian Midstream Energy Dividend Index, AMZ, AMZI and AEDW are trademarks of Alerian and their use is granted under a license from Alerian.


The S-Network Composite Closed-End Fund Index is a service mark of S-Network Global Indexes, Inc. (“S-Network”) and its use is granted under a license from S-Network. S-Network does not guarantee the accuracy and/or completeness of the S-Network Composite Closed-End Fund Index or any data included therein, and S-Network shall have no liability for any errors, omissions, interruptions, or defects therein. S-Network makes no warranty, express or implied, representations or promises, as to results to be obtained by UBS AG, or any other person or entity from the use of the S-Network Composite Closed-End Fund Index or any data included therein. S-Network makes no express or implied warranties, representations or promises, regarding the originality, merchantability, suitability, non-infringement, or fitness for a particular purpose or use with respect to the S-Network Composite Closed-End Fund Index or any data included therein. Without limiting any of the foregoing, in no event shall S-Network have any liability for any direct, indirect, special, incidental, punitive, consequential, or other damages (including lost profits), even if notified of the possibility of such damages.


The ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (“MVRL ETN”) is not sponsored, endorsed, sold or promoted by MarketVector Indexes GmbH (“Licensor”) and Licensor makes no representation or warranty, express or implied, to the owners of the MVRL ETN or any member of the public regarding the advisability of investing in securities generally or in the MVRL ETN particularly or the ability of the Market Vectors® MVIS US Mortgage REITs Index to track the performance of the US mortgage REIT market.


The ETRACS MarketVector Business Development Companies Liquid Index ETN and the ETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN (“ETNs”) are not sponsored, endorsed, sold or promoted by MarketVector Indexes GmbH (“Licensor”) and Licensor makes no representation or warranty, express or implied, to the owners of the ETNs or any member of the public regarding the advisability of investing in securities generally or in the ETNs particularly or the ability of the MarketVector US Business Development Companies Liquid Index to track the performance of the US BDC market.


UBS specifically prohibits the redistribution or reproduction of this communication in whole or in part without the prior written permission of UBS and UBS accepts no liability whatsoever for the actions of third parties in this respect.


© UBS 2026. The key symbol, UBS and ETRACS are among the registered and unregistered trademarks of UBS. Other marks may be trademarks of their respective owners. All rights reserved.


__________________________

1 Individual investors should instruct their broker/advisor/custodian to call us or should call together with their broker/advisor/custodian.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260406554209/en/
Media contact

Alison Keunen

+1-212-713-2296

alison.keunen@ubs.com


Institutional Investor contact1

+1-877-387-2275


Original: UBS Declares Coupon Payments on 12 ETRACS Exchange Traded Notes

UBS declares coupon payments on 8 ETRACS Exchange Traded NotesMarch 4, 2026 4:30 PM
Business Wire
HDLB: linked to the Solactive US High Dividend Low Volatility Index

SMHB: linked to the Solactive US Small Cap High Dividend Index

PFFL: linked to the Solactive Preferred Stock ETF Index

CEFD: linked to the S-Network Composite Closed-End Fund Index

MVRL: linked to the MVIS US Mortgage REITs Index

GLDI: linked to the Nasdaq Gold FLOWS™ 103 Index

SLVO: linked to the Nasdaq Silver FLOWS™ 106 Index

USOI: linked to the Nasdaq WTI Crude Oil FLOWS™ 106 Index


UBS Investment Bank today announced coupon payments for 5 ETRACS Exchange Traded Notes traded on the NYSE Arca and expected coupon payments for 3 ETRACS Exchange Traded Notes traded on NASDAQ (together, the “ETNs”).




NYSE Ticker





 

ETN Name and Prospectus Supplementa





 

Coupon Valuation Date





 

Ex-Date





 

Record Date





 

Payment Date





 

Coupon Amount





 

Payment Schedule





 

Current Yield (annualized) b








HDLB





 

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B





 

3/2/2026






 






3/13/2026






 






3/13/2026






 






3/23/2026






 






$0.0826






 






Monthly






 






8.11%








SMHB





 

ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B





 

3/2/2026






 






3/13/2026






 






3/13/2026






 






3/23/2026






 






$0.0418






 






Monthly






 






18.75%








PFFL





 

ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN





 

3/2/2026






 






3/13/2026






 






3/13/2026






 






3/23/2026






 






$0.0958






 






Monthly






 






9.45%








CEFD





 

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN





 

3/2/2026






 






3/13/2026






 






3/13/2026






 






3/23/2026






 






$0.2216






 






Monthly






 






14.60%








MVRL





 

ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN





 

3/2/2026






 






3/13/2026






 






3/13/2026






 






3/23/2026






 






$0.0883






 






Monthly






 






17.86%







a The table above provides a hyperlink to the relevant prospectus and supplements thereto for each of our ETRACS ETNs, which are identified by their names. For more information on each ETRACS ETN, see “List of ETNs”.


b “Current Yield (annualized)” equals the current Coupon Amount and the two immediately preceding Coupon Amounts, multiplied by four (to annualize such coupons), divided by the closing Current Indicative Value of the ETN on its current Coupon Valuation Date rounded to two decimal places for ease of analysis. The Current Yield is not indicative of future coupon payments, if any, on the ETN. You are not guaranteed any coupon or distribution amount under the ETN.


Note: HDLB, SMHB and PFFL pay a variable monthly coupon linked to 2 times the cash distributions, if any, on the respective underlying index constituents, less withholding taxes, if any. CEFD and MVRL pay a variable monthly coupon linked to 1.5 times the cash distributions, if any, on the respective underlying index constituents, less withholding taxes, if any. Variations in the amount of monthly distributions will lead to large variations in the Current Yield as calculated above. As such, the Current Yield is not indicative of future coupon payments, if any, on these ETNs.




NASDAQ Ticker





 

ETN Name and Pricing Supplementc





 

Closing Indicative Value on 2/27/2026





 

Ex-Date





 

Record Date





 

Payment Date





 

Expected Coupon Amount per ETNd





 

Payment Schedule





 

Expected Current Yielde








GLDI





 

ETRACS Gold Shares Covered Call ETNs due February 2, 2033





 

$181.9078






 






3/20/2026






 






3/20/2026






 






3/25/2026






 






$2.7697






 






Monthly






 






23.20%f








SLVO





 

ETRACS Silver Shares Covered Call ETNs due April 21, 2033





 

$100.8623






 






3/20/2026






 






3/20/2026






 






3/25/2026






 






$3.9739






 






Monthly






 






70.09%f








USOI





 

ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037





 

$51.6064






 






3/20/2026






 






3/20/2026






 






3/25/2026






 






$1.2918






 






Monthly






 






20.43%f







c The table above provides a hyperlink to the relevant prospectus and supplements thereto for each of our ETRACS ETNs, which are identified by their names.


d On February 17, 2026, the Nasdaq Gold FLOWS™ 103 Index, the Nasdaq Silver FLOWS™ 106 Index and the Nasdaq WTI Crude Oil FLOWS™ 106 Index (the “Indices”) concluded the notional sale of options on GLD shares, SLV shares and USO shares, respectively, with March 2026 expiration. We expect that the notional cash distribution generated by this sale of options will be withdrawn from the Indices on March 16, 2026, subject to adjustment in the event of any market disruption events. Assuming no redemption or acceleration of GLDI, SLVO and USOI, and that the notional cash distribution is withdrawn from the Indices on March 16, 2026, we expect to declare a Coupon Amount for GLDI, SLVO and USOI, respectively, equal to the corresponding Expected Coupon Amount per ETN. The Expected Coupon Amount per ETN is subject to change upon the occurrence of a disruption event or other unforeseen circumstances.


e For each ETN, the Expected Current Yield equals the Expected Coupon Amount annualized and divided by the Closing Indicative Value, as discussed in more detail below. The Expected Current Yield, which is based on an ETN’s Expected Coupon Amount and its two most recent coupon payments, is not indicative of future coupon payments, if any, on the ETNs. In particular, future coupon payments on an ETN may differ significantly from its Expected Current Yield, if its Closing Indicative Value fluctuates widely in a volatile market. You are not guaranteed any coupon payment or distribution under the ETNs. Coupon payments for the ETNs (if any) are variable and do not represent fixed, periodic interest payments. The Expected Coupon Amount for any ETN may vary significantly from coupon period to coupon period and may be zero. Accordingly, the Expected Current Yield will change over time, and such change may be significant. Any payment on the ETNs is subject to UBS AG’s ability to pay its obligations as they become due. For more information regarding any ETN's coupon payments, please refer to such ETN's pricing supplement.


f “Expected Current Yield” equals the sum of (i) the Expected Coupon Amount, plus (ii) the amount of the ETN's two most recent coupon payments, multiplied by four (to annualize such coupons), divided by the Closing Indicative Value, and rounded to two decimal places for ease of analysis. The Expected Current Yield is subject to change upon the occurrence of a disruption event or other unforeseen circumstances.


Cautionary Statement Regarding Forward-Looking Statements


This press release contains statements that constitute “forward-looking statements” that are subject to risks and uncertainties, and actual results may differ materially. These statements could contain words such as “possible,” “intend,” “will,” “may,” “intends,” “would,” “if,” “expect,” “potentially” or other similar expressions. Forward-looking statements, including those relating to UBS AG’s plans for the ETNs, are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. While these forward-looking statements represent UBS’s judgments, expectations and objectives concerning the matters described, a number of risks, uncertainties and other important factors, including whether UBS AG will actually declare a Coupon Amount for the 3 ETNs traded on NASDAQ, could cause actual developments and results to differ materially from UBS’s expectations. For a discussion of the risks and uncertainties that may affect the ETNs please refer to the "Risk Factors" in the prospectus supplements and pricing supplement relating to the 3 ETNs traded on NASDAQ. UBS is not under any obligation to (and expressly disclaims any obligation to) update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.


About ETRACS


ETRACS ETNs are senior unsecured notes issued by UBS AG, are traded on either NYSE Arca or NASDAQ, and can be bought and sold through a broker or financial advisor. An investment in ETRACS ETNs is subject to a number of risks, including the risk of loss of some or all of the investor’s principal, and is subject to the creditworthiness of UBS AG. Investors are not guaranteed any coupon or distribution amount under the ETNs. We urge you to read the more detailed explanation of risks described under “Risk Factors” in the applicable prospectus supplement for the ETRACS ETN.


UBS AG has filed a registration statement (including a prospectus and supplements thereto) with the Securities and Exchange Commission, or SEC, for the offerings of securities to which this communication relates. Before you invest, you should read the relevant prospectus, along with the applicable prospectus supplement and pricing supplements to understand fully the terms of the securities and other considerations that are important in making a decision about investing in the ETRACS ETNs. The applicable offering document for each ETRACS ETN may be obtained by clicking on the name of each ETRACS ETN identified above. You may also get these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, you can request the prospectus, the applicable prospectus supplement or pricing supplement, by calling toll-free (+1-877-387-2275). The securities related to the offerings are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of the United States, Switzerland or any other jurisdiction.


About UBS

UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. It also provides diversified asset management solutions and focused investment banking capabilities. UBS manages 6.9 trillion dollars of invested assets as per the third quarter of 2025. UBS helps clients achieve their financial goals through personalized advice, solutions and products. Headquartered in Zurich, Switzerland, the firm is operating in more than 50 markets around the globe. UBS Group shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).


In the US, securities underwriting, trading and brokerage activities and M&A advisor activities are provided by UBS Securities LLC, a registered broker/dealer that is a wholly owned subsidiary of UBS AG, a member of the New York Stock Exchange and other principal exchanges, and a member of SIPC (http://www.sipc.org/). UBS Financial Services Inc. is a registered broker/dealer and affiliate of UBS Securities LLC.


This material is issued by UBS AG and/or any of its subsidiaries and/or any of its affiliates ("UBS"). This document was produced by and the opinions expressed are those of UBS as of the date of writing and are subject to change. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of UBS to any person to buy or sell any security. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but UBS does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof. Products and services mentioned in this material may not be available for residents of certain jurisdictions. Past performance is not necessarily indicative of future results. Please consult the restrictions relating to the product or service in question for further information.


With respect to Solactive US High Dividend Low Volatility Index, Solactive US Small Cap High Dividend Index or Solactive Preferred Stock ETF Index, the financial instrument is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index Price at any time or in any other respect.


The S-Network Composite Closed-End Fund Index is a service mark of S-Network Global Indexes, Inc. (“S-Network”) and its use is granted under a license from S-Network. S-Network does not guarantee the accuracy and/or completeness of the S-Network Composite Closed-End Fund Index or any data included therein, and S-Network shall have no liability for any errors, omissions, interruptions, or defects therein. S-Network makes no warranty, express or implied, representations or promises, as to results to be obtained by UBS AG, or any other person or entity from the use of the S-Network Composite Closed-End Fund Index or any data included therein. S-Network makes no express or implied warranties, representations or promises, regarding the originality, merchantability, suitability, non-infringement, or fitness for a particular purpose or use with respect to the S-Network Composite Closed-End Fund Index or any data included therein. Without limiting any of the foregoing, in no event shall S-Network have any liability for any direct, indirect, special, incidental, punitive, consequential, or other damages (including lost profits), even if notified of the possibility of such damages.


The ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (“MVRL ETN”) is not sponsored, endorsed, sold or promoted by MarketVector Indexes GmbH (“Licensor”) and Licensor makes no representation or warranty, express or implied, to the owners of the MVRL ETN or any member of the public regarding the advisability of investing in securities generally or in the MVRL ETN particularly or the ability of the Market Vectors® MVIS US Mortgage REITs Index to track the performance of the US mortgage REIT market.


UBS specifically prohibits the redistribution or reproduction of this communication in whole or in part without the prior written permission of UBS and UBS accepts no liability whatsoever for the actions of third parties in this respect.


© UBS 2026. The key symbol, UBS and ETRACS are among the registered and unregistered trademarks of UBS. Other marks may be trademarks of their respective owners. All rights reserved.



_________________________



1 Individual investors should instruct their broker/advisor/custodian to call us or should call together with their broker/advisor/custodian.







 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260304528951/en/
Media contact

Alison Keunen

+1-212-713-2296

alison.keunen@ubs.com


Institutional Investor contact1

+1-877-387-2275


Original: UBS declares coupon payments on 8 ETRACS Exchange Traded Notes

UBS Declares Coupon Payments on 8 ETRACS Exchange Traded NotesFebruary 5, 2026 4:30 PM
Business Wire
HDLB: linked to the Solactive US High Dividend Low Volatility Index


SMHB: linked to the Solactive US Small Cap High Dividend Index


PFFL: linked to the Solactive Preferred Stock ETF Index


CEFD: linked to the S-Network Composite Closed-End Fund Index


MVRL: linked to the MVIS US Mortgage REITs Index


GLDI: linked to the Nasdaq Gold FLOWS™ 103 Index


SLVO: linked to the Nasdaq Silver FLOWS™ 106 Index


USOI: linked to the Nasdaq WTI Crude Oil FLOWS™ 106 Index


UBS Investment Bank today announced coupon payments for 5 ETRACS Exchange Traded Notes traded on the NYSE Arca and expected coupon payments for 3 ETRACS Exchange Traded Notes traded on NASDAQ (together, the “ETNs”).




NYSE Ticker






ETN Name and




Prospectus




Supplementa





 

Coupon




Valuation Date





 

Ex-Date





 

Record Date





 

Payment




Date





 

Coupon




Amount





 

Payment




Schedule





 

Current Yield




(annualized) b








HDLB






ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B





 

1/30/2026





 

2/12/2026





 

2/12/2026





 

2/23/2026





 

$0.1816





 

Monthly





 

11.40%








SMHB






ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B





 

1/30/2026





 

2/12/2026





 

2/12/2026





 

2/23/2026





 

$0.0697





 

Monthly





 

17.85%








PFFL






ETRACS 2xMonthly Pay Leveraged Preferred Stock ETN





 

1/30/2026





 

2/12/2026





 

2/12/2026





 

2/23/2026





 

$0.0461





 

Monthly





 

11.31%








CEFD






ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN





 

1/30/2026





 

2/12/2026





 

2/12/2026





 

2/23/2026





 

$0.2047





 

Monthly





 

14.48%








MVRL






ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN





 

1/30/2026





 

2/12/2026





 

2/12/2026





 

2/23/2026





 

$0.5009





 

Monthly





 

19.22%







a The table above provides a hyperlink to the relevant prospectus and supplements thereto for each of our ETRACS ETNs, which are identified by their names. For more information on each ETRACS ETN, see “List of ETNs”.


b “Current Yield (annualized)” equals the current Coupon Amount and the two immediately preceding Coupon Amounts, multiplied by four (to annualize such coupons), divided by the closing Current Indicative Value of the ETN on its current Coupon Valuation Date rounded to two decimal places for ease of analysis. The Current Yield is not indicative of future coupon payments, if any, on the ETN. You are not guaranteed any coupon or distribution amount under the ETN.


Note: HDLB, SMHB and PFFL pay a variable monthly coupon linked to 2 times the cash distributions, if any, on the respective underlying index constituents, less withholding taxes, if any. CEFD and MVRL pay a variable monthly coupon linked to 1.5 times the cash distributions, if any, on the respective underlying index constituents, less withholding taxes, if any. Variations in the amount of monthly distributions will lead to large variations in the Current Yield as calculated above. As such, the Current Yield is not indicative of future coupon payments, if any, on these ETNs.




NASDAQ Ticker





 

ETN Name and




Pricing Supplementc





 

Closing




Indicative




Value on 1/30/2026





 

Ex-Date





 

Record Date





 

Payment Date





 

Expected Coupon Amount per ETNd





 

Payment Schedule





 

Expected Current




Yielde








GLDI





 

ETRACS Gold Shares Covered Call ETNs due February 2, 2033





 

$176.5027






 






2/20/2026






 






2/20/2026






 






2/25/2026






 






$4.3124






 






Monthly






 






24.97%f








SLVO





 

ETRACS Silver Shares Covered Call ETNs due April 21, 2033





 

$95.4419






 






2/20/2026






 






2/20/2026






 






2/25/2026






 






$7.9101






 






Monthly






 






68.68%f








USOI





 

ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037





 

$50.4040






 






2/20/2026






 






2/20/2026






 






2/25/2026






 






$0.9172






 






Monthly






 






15.65%f







c The table above provides a hyperlink to the relevant prospectus and supplements thereto for each of our ETRACS ETNs, which are identified by their names.


d On January 12, 2026, the Nasdaq Gold FLOWS™ 103 Index, the Nasdaq Silver FLOWS™ 106 Index and the Nasdaq WTI Crude Oil FLOWS™ 106 Index (the “Indices”) concluded the notional sale of options on GLD shares, SLV shares and USO shares, respectively, with February 2026 expiration. We expect that the notional cash distribution generated by this sale of options will be withdrawn from the Indices on February 17, 2026, subject to adjustment in the event of any market disruption events. Assuming no redemption or acceleration of GLDI, SLVO and USOI, and that the notional cash distribution is withdrawn from the Indices on February 17, 2026, we expect to declare a Coupon Amount for GLDI, SLVO and USOI, respectively, equal to the corresponding Expected Coupon Amount per ETN. The Expected Coupon Amount per ETN is subject to change upon the occurrence of a disruption event or other unforeseen circumstances.


e For each ETN, the Expected Current Yield equals the Expected Coupon Amount annualized and divided by the Closing Indicative Value, as discussed in more detail below. The Expected Current Yield, which is based on an ETN’s Expected Coupon Amount and its two most recent coupon payments, is not indicative of future coupon payments, if any, on the ETNs. In particular, future coupon payments on an ETN may differ significantly from its Expected Current Yield, if its Closing Indicative Value fluctuates widely in a volatile market. You are not guaranteed any coupon payment or distribution under the ETNs. Coupon payments for the ETNs (if any) are variable and do not represent fixed, periodic interest payments. The Expected Coupon Amount for any ETN may vary significantly from coupon period to coupon period and may be zero. Accordingly, the Expected Current Yield will change over time, and such change may be significant. Any payment on the ETNs is subject to UBS AG’s ability to pay its obligations as they become due. For more information regarding any ETN's coupon payments, please refer to such ETN's pricing supplement.


f“Expected Current Yield” equals the sum of (i) the Expected Coupon Amount, plus (ii) the amount of the ETN's two most recent coupon payments, multiplied by four (to annualize such coupons), divided by the Closing Indicative Value, and rounded to two decimal places for ease of analysis. The Expected Current Yield is subject to change upon the occurrence of a disruption event or other unforeseen circumstances.


Cautionary Statement Regarding Forward-Looking Statements


This press release contains statements that constitute “forward-looking statements” that are subject to risks and uncertainties, and actual results may differ materially. These statements could contain words such as “possible,” “intend,” “will,” “may,” “intends,” “would,” “if,” “expect,” “potentially” or other similar expressions. Forward-looking statements, including those relating to UBS AG’s plans for the ETNs, are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. While these forward-looking statements represent UBS’s judgments, expectations and objectives concerning the matters described, a number of risks, uncertainties and other important factors, including whether UBS AG will actually declare a Coupon Amount for the 3 ETNs traded on NASDAQ, could cause actual developments and results to differ materially from UBS’s expectations. For a discussion of the risks and uncertainties that may affect the ETNs please refer to the "Risk Factors" in the prospectus supplements and pricing supplement relating to the 3 ETNs traded on NASDAQ. UBS is not under any obligation to (and expressly disclaims any obligation to) update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.


About ETRACS


ETRACS ETNs are senior unsecured notes issued by UBS AG, are traded on either NYSE Arca or NASDAQ, and can be bought and sold through a broker or financial advisor. An investment in ETRACS ETNs is subject to a number of risks, including the risk of loss of some or all of the investor’s principal, and is subject to the creditworthiness of UBS AG. Investors are not guaranteed any coupon or distribution amount under the ETNs. We urge you to read the more detailed explanation of risks described under “Risk Factors” in the applicable prospectus supplement for the ETRACS ETN.


UBS AG has filed a registration statement (including a prospectus and supplements thereto) with the Securities and Exchange Commission, or SEC, for the offerings of securities to which this communication relates. Before you invest, you should read the relevant prospectus, along with the applicable prospectus supplement and pricing supplements to understand fully the terms of the securities and other considerations that are important in making a decision about investing in the ETRACS ETNs. The applicable offering document for each ETRACS ETN may be obtained by clicking on the name of each ETRACS ETN identified above. You may also get these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, you can request the prospectus, the applicable prospectus supplement or pricing supplement, by calling toll-free (+1-877-387-2275). The securities related to the offerings are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of the United States, Switzerland or any other jurisdiction.


About UBS


UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. It also provides diversified asset management solutions and focused investment banking capabilities. UBS manages 6.9 trillion dollars of invested assets as per the third quarter of 2025. UBS helps clients achieve their financial goals through personalized advice, solutions and products. Headquartered in Zurich, Switzerland, the firm is operating in more than 50 markets around the globe. UBS Group shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).


In the US, securities underwriting, trading and brokerage activities and M&A advisor activities are provided by UBS Securities LLC, a registered broker/dealer that is a wholly owned subsidiary of UBS AG, a member of the New York Stock Exchange and other principal exchanges, and a member of SIPC (http://www.sipc.org/). UBS Financial Services Inc. is a registered broker/dealer and affiliate of UBS Securities LLC.


This material is issued by UBS AG and/or any of its subsidiaries and/or any of its affiliates ("UBS"). This document was produced by and the opinions expressed are those of UBS as of the date of writing and are subject to change. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of UBS to any person to buy or sell any security. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but UBS does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof. Products and services mentioned in this material may not be available for residents of certain jurisdictions. Past performance is not necessarily indicative of future results. Please consult the restrictions relating to the product or service in question for further information.


The financial instrument is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index Price at any time or in any other respect.


The S-Network Composite Closed-End Fund Index is a service mark of S-Network Global Indexes, Inc. (“S-Network”) and its use is granted under a license from S-Network. S-Network does not guarantee the accuracy and/or completeness of the S-Network Composite Closed-End Fund Index or any data included therein, and S-Network shall have no liability for any errors, omissions, interruptions, or defects therein. S-Network makes no warranty, express or implied, representations or promises, as to results to be obtained by UBS AG, or any other person or entity from the use of the S-Network Composite Closed-End Fund Index or any data included therein. S-Network makes no express or implied warranties, representations or promises, regarding the originality, merchantability, suitability, non-infringement, or fitness for a particular purpose or use with respect to the S-Network Composite Closed-End Fund Index or any data included therein. Without limiting any of the foregoing, in no event shall S-Network have any liability for any direct, indirect, special, incidental, punitive, consequential, or other damages (including lost profits), even if notified of the possibility of such damages.


The ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (“MVRL ETN”) is not sponsored, endorsed, sold or promoted by MarketVector Indexes GmbH (“Licensor”) and Licensor makes no representation or warranty, express or implied, to the owners of the MVRL ETN or any member of the public regarding the advisability of investing in securities generally or in the MVRL ETN particularly or the ability of the Market Vectors® MVIS US Mortgage REITs Index to track the performance of the US mortgage REIT market.


UBS specifically prohibits the redistribution or reproduction of this communication in whole or in part without the prior written permission of UBS and UBS accepts no liability whatsoever for the actions of third parties in this respect.


© UBS 2026. The key symbol, UBS and ETRACS are among the registered and unregistered trademarks of UBS. Other marks may be trademarks of their respective owners. All rights reserved.




_________________________








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View source version on businesswire.com: https://www.businesswire.com/news/home/20260205473716/en/
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Original: UBS Declares Coupon Payments on 8 ETRACS Exchange Traded Notes

USOI stuck between $47 and $49 bucks. may be trading in this range or a bit lower for a while. The question is whether the divvy is worth hanging on to this play

Did a chat GPT regarding an ETF and this is won in the past 2 months with my perimeters. 2.48 this month and predicted 2.48 August. In at 53.43.

USB call options over the next few months are nice.

paying 2.21 in divvies this month. ex divvy date is tomorrow

This month's Divvy is $1.6797 - early post was erroneous.

This month's Divvy is $1.1785

.85 cents dividend for June https://seekingalpha.com/pr/19356413-credit-suisse-announces-coupon-payments-and-expected-coupon-payments-on-credit-suisse-x-links

Divy announcement over the weekend or Monday for June?

It happens every month at the same time

Sure would like to see the dividend on a timely basis.

I think we will see 84 before the divi announcement

Paying $3.33 per? Interesting

We have a divi of 1.7559 coming this month
Not as good as last month but still better than any other divi stock.
The price keeps going up

Thanks I've been all over this morning and nothing showing up yet.

hotdawg

Went to the following link: https://notes.credit-suisse.com/etn/press-releases.html

No info for November as of now/

Maybe tomorrow it will post the DIVI.

GLTU

GO4AWILDRIDE

Anyone here now that we have had a reverse split.
Any news on this month's divi yet?

It wont be long till we are back over 100.00 per share

Thanks for the info

Nice divi

I thought it would be under $2 bucks. Nice bounce

hotdawg

$2.6476

EX-DATE is 10/19/2022
PAYDATE is 10/25/2022

https://notes.credit-suisse.com/api/DocFile/GetEtnPR/TRgzUO9PNlNOAV4tj%24%24BNow%3d%3d


GO4AWILDRIDE

Steadily creeping back up. any one hear about the next divi?

You were right it's still trading under USOI and rising

I'll bet you are wrong. Been there, done that. It won't trade immediately because ALL of the shares of the stock have to be recalled, their serial numbers declared invalid, and then the new shares have to be assigned to all shareholders. The ticker will have a 'D' added for 30 days, but there will be no trading for the first three days. Not like we have a lot of time to wait to see if I'm right...but I am.

Fact checked. Not true. There will be no temporary ticker change it will be USOI but with a new cupid number. Can trade it immediately.

Actually, I misspoke when I said as soon as it splits people will sell. That's not quite right. At the split, you won't be able to trade it for 3 days, because they take back all shares, issue the new ones with a different series number and with a 'D' on the end of the ticker. It will be USOID. But that only applies to those of us in brokerages.
Anyone that is an outright owner can sell immediately. That's when the sp drops. By the time we can trade, it is already going to have dropped.
You don't have to believe me, just watch what happens for the 3 days after the split. That's why I sold 200K shares today.

Yes, Shotsky. I'm a retired lawyer and decades-long investor in quality stocks and I'm having trouble unwrapping the logic of many posts here. Punctuation might help.

Don't want to be called "An Jerk" for my generally well-considered posts.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169989581

Then you don't understand reverse splits. As soon as it splits, people will sell at that new, high price and the sp will tank. I've been dealing with them since 2008, and I've never seen one where the shareholders made out.
A reverse split happens when the company mismanages itself and lets the OS get out of proper proportion. There are two ways to fix that - buy back shares or reverse split.
My course of action is to sell all, wait until the smoke clears, skip one dividend and see if it's worth buying back in. I doubt that it will be worth it.

I think it will hold above 88 and go up over 100 per share. They don't have as much interest because it to low more investors will come in as the price rises. JMHO

bar1080

That is due to it is none of your business of my investment plans.

REMEMBER I THINK YOU ARE AN JERK AND ARE TO BE IGNORED FOR THE MOST PART.

GO4AWILDRIDE

"I am glad I bailed out months ago Don't recall you even hinting at that.

hotdawg

How long do you think the PPS will remain at the $88 level after the 1-20 reverse split?
What happens to the DIVI? Will it rise to $3.00?

It is anyones guess what will occur now.

I am glad I bailed out months ago with my ASSets still intact so to speak.

GLTU and anyone else still in this.


GO4AWILDRIDE

Any thoughts on the reverse split?

It's not a 100k it's 100 million barrels a day cut.

100K cut.....peanuts.

Hawk

not bad

DIVI is .1265 this month.

Picked up more this morning.

It wont be that low for long if opec reduces the out put by 100 mil. barrels a day.

"U.S. Oil Falls Below $85 a Barrel for_First_Time Since January"

"Oil prices declined to the lowest in eight months on Wednesday as concerns intensified that a global economic downturn will hurt demand for energy.

West Texas Intermediate WBS.1 –0.23% the U.S. benchmark, traded down more than 4% at $83.22 a barrel, falling below $85 for the first time since late January. The last time it settled below $84 a barrel was Jan.24, according to FactSet data. Brent crude BRN00 –0.27% the international standard, fell 4% to $89.11."
https://www.barrons.com/articles/brent-wti-crude-oil-prices-today-51662537506

Crude oil futures certainly continuing to fall, WTI futures off 6.0% Brent off -5.6 As usual I hope everyone is sensibly diversified.

Any news on the divi this morning?

Will probably stay in the 9 cents range...The share price is on the good opportunity range again. Watching and waiting...

I'm just hoping for the best.

I'm thinking lower. Share price is lower and divi is partly based on share price.

any thoughts on the divi this month. I'm thinking a little higher than last month.