DE000UQ3NV79 · UBS
Worst-of Express Certificate with Memory Coupon on SpA, FINCANTIERI S.p.A., Saab AB and Rheinmetall AG
How to read this structure
On the coupon observation dates, the conditional payment requires every underlying to be at or above the published coupon barrier (40% of its initial level).
The next published autocall level is 97% of the initial levels. Automatic redemption depends on every underlying being at or above its applicable level on the observation date. Later levels and dates are listed in the calendar.
These conditions do not describe every feature of the final repayment. The official documents define the complete payoff, costs, issuer risk, and any exceptions.
Underlyings and levels
| Underlying | Strike | Capital barrier | Coupon barrier | Autocall |
|---|---|---|---|---|
| Saab ABSAABB · EUR | 480 | 19240% | 19240% | 465.697% |
| LeonardoLDO · EUR | 46.04 | 18.41640% | 18.41640% | 44.658897% |
| RheinmetallRHM · EUR | 1,519.5 | 607.840% | 607.840% | 1,473.91597% |
| FincantieriFCT · EUR | 17.93 | 7.17240% | 7.17240% | 17.392197% |
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Open in workspace ↗Observation calendars
Coupon observations · 36
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Jan 5, 2026 | 0% | Jan 12, 2026 |
| Feb 3, 2026 | 0% | Feb 10, 2026 |
| Mar 3, 2026 | 0% | Mar 10, 2026 |
| Apr 1, 2026 | 0% | Apr 10, 2026 |
| May 4, 2026 | 0% | May 11, 2026 |
| Jun 3, 2026 | 0% | Jun 10, 2026 |
| Jul 3, 2026 | 40% | Jul 10, 2026 |
| Aug 3, 2026 | 40% | Aug 10, 2026 |
| Sep 3, 2026 | 40% | Sep 10, 2026 |
| Oct 5, 2026 | 40% | Oct 12, 2026 |
| Nov 3, 2026 | 40% | Nov 10, 2026 |
| Dec 3, 2026 | 40% | Dec 10, 2026 |
| Jan 4, 2027 | 40% | Jan 11, 2027 |
| Feb 3, 2027 | 40% | Feb 10, 2027 |
| Mar 3, 2027 | 40% | Mar 10, 2027 |
| Apr 5, 2027 | 40% | Apr 12, 2027 |
| May 3, 2027 | 40% | May 10, 2027 |
| Jun 3, 2027 | 40% | Jun 10, 2027 |
| Jul 5, 2027 | 40% | Jul 12, 2027 |
| Aug 3, 2027 | 40% | Aug 10, 2027 |
| Sep 3, 2027 | 40% | Sep 10, 2027 |
| Oct 4, 2027 | 40% | Oct 11, 2027 |
| Nov 3, 2027 | 40% | Nov 10, 2027 |
| Dec 3, 2027 | 40% | Dec 10, 2027 |
| Jan 3, 2028 | 40% | Jan 10, 2028 |
| Feb 3, 2028 | 40% | Feb 10, 2028 |
| Mar 3, 2028 | 40% | Mar 10, 2028 |
| Apr 3, 2028 | 40% | Apr 10, 2028 |
| May 3, 2028 | 40% | May 10, 2028 |
| Jun 5, 2028 | 40% | Jun 12, 2028 |
| Jul 3, 2028 | 40% | Jul 10, 2028 |
| Aug 3, 2028 | 40% | Aug 10, 2028 |
| Sep 4, 2028 | 40% | Sep 11, 2028 |
| Oct 3, 2028 | 40% | Oct 10, 2028 |
| Nov 3, 2028 | 40% | Nov 10, 2028 |
| Dec 4, 2028 | 40% | Dec 11, 2028 |
Autocall observations · 30
| Observation | Level (% of strike) | Payment |
|---|---|---|
| Jun 3, 2026 | 100% | Jun 10, 2026 |
| Jul 3, 2026 | 99% | Jul 10, 2026 |
| Aug 3, 2026 | 98% | Aug 10, 2026 |
| Sep 3, 2026 | 97% | Sep 10, 2026 |
| Oct 5, 2026 | 96% | Oct 12, 2026 |
| Nov 3, 2026 | 95% | Nov 10, 2026 |
| Dec 3, 2026 | 94% | Dec 10, 2026 |
| Jan 4, 2027 | 93% | Jan 11, 2027 |
| Feb 3, 2027 | 92% | Feb 10, 2027 |
| Mar 3, 2027 | 91% | Mar 10, 2027 |
| Apr 5, 2027 | 90% | Apr 12, 2027 |
| May 3, 2027 | 89% | May 10, 2027 |
| Jun 3, 2027 | 88% | Jun 10, 2027 |
| Jul 5, 2027 | 87% | Jul 12, 2027 |
| Aug 3, 2027 | 86% | Aug 10, 2027 |
| Sep 3, 2027 | 85% | Sep 10, 2027 |
| Oct 4, 2027 | 84% | Oct 11, 2027 |
| Nov 3, 2027 | 83% | Nov 10, 2027 |
| Dec 3, 2027 | 82% | Dec 10, 2027 |
| Jan 3, 2028 | 81% | Jan 10, 2028 |
| Feb 3, 2028 | 80% | Feb 10, 2028 |
| Mar 3, 2028 | 79% | Mar 10, 2028 |
| Apr 3, 2028 | 78% | Apr 10, 2028 |
| May 3, 2028 | 77% | May 10, 2028 |
| Jun 5, 2028 | 76% | Jun 12, 2028 |
| Jul 3, 2028 | 75% | Jul 10, 2028 |
| Aug 3, 2028 | 74% | Aug 10, 2028 |
| Sep 4, 2028 | 73% | Sep 11, 2028 |
| Oct 3, 2028 | 72% | Oct 10, 2028 |
| Nov 3, 2028 | 71% | Nov 10, 2028 |