New Issue: UBS sells $500,000 capped buffer gears linked to Nasdaq-100

Chicago, May 1 – UBS AG, London Branch priced $500,000 of 0% capped buffer gears due March 11, 2024 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any gain of the index, capped at par plus 22%.

If the index falls by up to 15%, the payout will be par. Otherwise, investors will lose 1% for every 1% that the index declines beyond 15%.

UBS Securities LLC and UBS Investment Bank are the agents.

Issuer:	UBS AG, London Branch
Issue:	Capped buffer gears
Underlying index:	Nasdaq-100 index
Amount:	$500,000
Maturity:	March 11, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times any index gain, capped at par plus 22%; par if the index falls by up to 15%; otherwise, 1% loss for every 1% index decline beyond 15%
Initial level:	12,599.63
Downside threshold:	10,709.69, 85% of initial level
Pricing date:	June 6, 2022
Settlement date:	June 9, 2022
Agents:	UBS Securities LLC and UBS Investment Bank
Fees:	1.65%
Cusip:	90279FGP0

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