UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington,

D.C. 20549

_________________

FORM 6-K

REPORT OF FOREIGN PRIVATE

ISSUER

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

THE SECURITIES EXCHANGE ACT OF 1934

Date: February 27, 2026

UBS Group AG

(Registrant's Name)

Bahnhofstrasse 45, 8001 Zurich, Switzerland

(Address of principal executive office)

Commission File Number: 1-36764

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 registrants file or will file annual reports under cover of Form

20-F or Form 40-

Form 20-F

☒

Form 40-F

☐

This Form 6-K consists of the news releases which appear immediately following this page.

Investor Relations

Tel. +41-44-234

41 00

Media Relations

Tel. +41-44-234

85 00

UBS Group AG and UBS AG, News Release, 27 February 2026

Page 1

27 February 2026

Ad hoc announcement pursuant to article 53 of the SIX Exchange Regulation Listing Rules

News release

Changes to the UBS Board of Directors

Agustín Carstens and Luca Maestri nominated for election to the Board of Directors of UBS Group

AG and UBS AG at the 2026 Annual General Meetings in April

●

William C. Dudley and Jeanette Wong will not stand for re-election

●

As previously announced, Vice Chairman Lukas Gähwiler will be stepping down from the

Board and Markus Ronner was nominated for election to the Board

Zurich/Basel, 27 February 2026 – The Board of Directors of UBS Group AG announces today the nomination

of Agustín Carstens and Luca Maestri for election to the Board at the Annual General Meeting (AGM) on 15

April 2026. William C. Dudley and Jeanette Wong have decided not to stand for re-election.

Agustín Carstens (born 1958) served as General Manager of the Bank of International Settlements (BIS) from

2017 to June 2025. Prior to that, he was Governor of the Bank of Mexico from 2010 to 2017. During his time

as Governor, he was a Member of the BIS Board and chaired

the Global Economy Meeting and the Economic

Consultative Committee. Mr.

Carstens also chaired the International Monetary and Financial Committee, the

policy advisory committee of the International Monetary Fund (IMF), from 2015 to 2017. Earlier in his career,

he served as Mexico's Finance Minister and as Deputy Managing Director at the IMF.

From 2000 to 2003, he

was Mexico's Deputy Finance Minister after holding the position of Executive Director at the IMF.

Mr.

Carstens began his career in 1980 at the Bank of Mexico. He holds a Master’s degree and a PhD in Economics

from the University of Chicago. He is a citizen of Mexico. Mr.

Carstens is a highly respected and distinguished

professional with extensive experience in financial regulation and monetary policy,

built over a long and

accomplished career.

Luca Maestri (born 1963) is currently Vice President of Apple Inc’s Corporate Services, reporting to the CEO.

Previously,

he was Apple’s CFO for more than a decade after joining the firm in 2013 as Vice President and

Corporate Controller.

Prior to that, he served as Executive Vice President and CFO at Xerox Corporation. From

2008 to 2011, he was Senior Vice President and CFO at Nokia Siemens Networks. Mr. Maestri spent two

decades at General Motors (GM), holding various finance leadership roles across multiple countries, including

CFO for GM Europe based in Zurich and CFO for GM Brazil in Sao Paulo. He also led the Fiat Alliance at GM

Europe. His experience spans assignments in Thailand, Singapore, Ireland, Switzerland, Italy,

Germany,

Brazil

and the United States. Mr. Maestri holds a Bachelor’s degree

in Economics from Luiss University in Rome and

a Master’s degree in Management from Boston University.

He is a citizen of Italy and the United States. Mr.

Maestri is a highly renowned executive and leader in the technology industry.

UBS Chairman Colm Kelleher commented: “I am delighted to share the nomination of Agustín Carstens and

Luca Maestri for election to the Board. The addition of these two highly experienced leaders will further

strengthen the Board’s expertise, bringing outstanding regulatory knowledge and extensive CFO skills. This

follows the earlier announcement of former UBS Group Executive Board member Markus Ronner’s

nomination as Vice Chairman. I very much look forward to collaborating with them on the Board.”

Investor Relations

Tel. +41-44-234

41 00

Media Relations

Tel. +41-44-234

85 00

UBS Group AG and UBS AG, News Release, 27 February 2026

Page 2

As previously communicated, Lukas Gähwiler has decided, after an exceptionally successful career spanning

45 years, to retire from his role as Vice Chairman of the Board of Directors and concluding his long career in

banking. He was appointed Vice Chairman in 2022 and acted as UBS’s representative within Switzerland’s

leading trade associations and financial industry bodies. Furthermore, as the final Chairman of Credit Suisse

AG, he played an instrumental role in overseeing the seamless integration of Credit

Suisse into UBS.

William C. Dudley and Jeanette Wong have also decided to step down after seven years on the Board. During

this time, Mr. Dudley served on the Corporate Culture

and Responsibility Committee, the Risk Committee and

the Governance and Nominating Committee. Ms. Wong was a member of the Audit Committee, the

Corporate Culture and Responsibility Committee and the Compensation Committee.

Chairman Colm Kelleher and the members of the Board extend their gratitude to Lukas Gähwiler, William C.

Dudley and Jeanette Wong for their unwavering commitment and significant contributions over the past

years.

UBS Group AG and UBS AG

Investor contact

Switzerland:

+41-44-234 41 00

Media contact

Switzerland:

+41-44-234 85 00

UK:

+44-207-567 47 14

Americas:

+1-212-882 58 58

APAC:

+852-297-1 82 00

www.ubs.com/media

Investor Relations

Tel. +41-44-234

41 00

Media Relations

Tel. +41-44-234

85 00

UBS Group AG and UBS AG, News Release, 27 February 2026

Page 3

This

Form

6-K

hereby

incorporated

reference

into

(1)

each

the

registration

statements

Form

F-3

(Registration Numbers 333-283672 and

333-293403), and on Form S-8

(Registration Numbers 333-200634; 333-

200635;

333-200641;

333-200665;

333-215254;

333-215255;

333-228653;

333-230312;

333-249143

and

333-

272975),

and

into

each

prospectus

outstanding

under

any

the

foregoing

registration

statements,

(2)

any

outstanding offering circular or

UBS Group AG 6-K