UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington,D.C. 20549

_________________

FORM 6-K

REPORT OF FOREIGN PRIVATEISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

Date: October 28, 2026

UBS AG

(Registrant's Name)

Bahnhofstrasse 45, 8001 Zurich, Switzerland

Aeschenvorstadt 1, 4051 Basel, Switzerland

(Address of principal executive offices)

Commission File Number: 1-15060

Indicate by check mark whether the registrant files or will file annual reports under cover of

Form 20-F or Form 40-F.

Form 20-F

☒

Form 40-F

☐

UBS AG produces regular annualand quarterly reports, which aresubmitted to the SEC under

Forms20-Fand6-K,respectively.UBSAG’sconsolidatedfinancialstatementsarepreparedin

accordance with IFRS AccountingStandards. SEC regulations require certainadditional disclosures to

beincludedinregistrationstatementsrelatingtoofferingsofsecurities.Certainoftheseadditional

disclosures followherein, andshould beread inconjunction withthe annualreport onForm 20-Ffor

the year ended31 December 2025of UBS AG,filed with theSEC on March9, 2026, aswell as UBS

AG’s first quarter 2026 report, submitted tothe SEC on Form6-K on April 30,2026, UBS AG’s second

quarter 2026 report, submittedto the SEC on Form6-K on July 31, 2026,and UBS AG’sthird quarter

2026 report, submitted to the SEC on Form 6-K on October 28, 2026.

Capitalization of UBS AG

The tablebelow presentsthe consolidatedcapitalization ofUBS AGin accordancewith IFRSAccounting

Standards in US dollars, the presentation currency of UBS AG.

As of

USD m

30.9.26

30.6.26

Debt issued

1,2

326,646

342,670

of which: funding from UBS Group AG

112,396

118,235

Equity attributable to shareholders

88,856

88,275

Equity attributable to non-controlling interests

341

328

Total capitalization

415,842

431,273

1 Debt issued consists of Debt issued measuredat amortized cost, Debt issued designated atfair value, Funding from UBS Group AG measured at amortized costand funding from UBS

Group

AG classified as Other financial liabilities designated at fair value.2 As of 30 September 2026, 87% of Debt issued was unsecured.

ThisForm6-Kisherebyincorporatedbyreferenceinto(1)theregistrationstatementsonFormF-3

(Registration Numbers333-283672 and333-293403), andinto eachprospectus outstandingunder the

foregoing registrationstatements, (2)any outstandingofferingcircular orsimilar documentissued or

authorized by UBS AG that incorporates by reference any Forms 6-K of UBS AG that are incorporated

into itsregistration statementsfiled withthe SEC,and (3)the baseprospectus ofCorporate AssetBacked

Corporation(“CABCO”)datedJune23,2004(RegistrationNumber333-111572),theForm8-Kof

CABCO filed and dated June23, 2004 (SEC File Number001-13444), and the Prospectus Supplements

relatingtotheCABCOSeries2004-101TrustdatedMay10,2004andMay17,2004(Registration

Number 033-91744 and 033-91744-05).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly

caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

UBS AG

By: _/s/ David Kelly _____________

Name:David Kelly

Title:Managing Director

By: _/s/ Ella Copetti-Campi ______________

Name:Ella Copetti-Campi

Title:Executive Director

Date:October 28, 2026