#13Q22 Results Analyst and Investor Call Ulrich Körner Dixit Joshi October 27, 2022 Chief Executive Officer Chief Financial Officer CREDIT SUISSE#2Disclaimer (1/2) Credit Suisse has not finalized its 3022 Financial Report and Credit Suisse's independent registered public accounting firm has not completed its review of the condensed consolidated financial statements (unaudited) for the period. Accordingly, the financial information contained in this document is subject to completion of quarter-end procedures, which may result in changes to that information. In particular, the information contained herein relating to the anticipated accounting and capital impacts on certain deferred tax asset positions, Credit Suisse AG (Bank parent company) participation(s) valuations and other potential matters continue to be analyzed in light of the changes to the Group's strategic plans announced on October 27, 2022, making these and other closely-related metrics more susceptible to change as we complete our quarter-end procedures. This material does not purport to contain all of the information that you may wish to consider. This material is not to be relied upon as such or used in substitution for the exercise of independent judgment. Cautionary statement regarding forward-looking statements This document contains forward-looking statements that involve inherent risks and uncertainties, and we might not be able to achieve the predictions, forecasts, projections and other outcomes we describe or imply in forward-looking statements. In addition to our ability to successfully implement our strategic objectives announced today, a number of important factors could cause results to differ materially from the plans, targets, goals, expectations, estimates and intentions we express in these forward- looking statements, including those we identify in "Risk factors" in our Annual Report on Form 20-F for the fiscal year ended December 31, 2021 and in the "Cautionary statement regarding forward-looking information" in our 3022 Earnings Release published on October 27, 2022 and submitted to the US Securities and Exchange Commission, and in other public filings and press releases. We do not intend to update these forward-looking statements. In particular, the terms "Estimate", "Illustrative", "Ambition", "Objective", "Outlook", "Goal", "Commitment" and "Aspiration" are not intended to be viewed as targets or projections, nor are they considered to be Key Performance Indicators. All such estimates, illustrations, ambitions, objectives, outlooks, goals, commitments and aspirations, as well as any other forward-looking statements described as targets or projections, are subject to a large number of inherent risks, assumptions and uncertainties, many of which are completely outside of our control. These risks, assumptions and uncertainties include, but are not limited to, general market conditions, market volatility, increased inflation, interest rate volatility and levels, global and regional economic conditions, challenges and uncertainties resulting from Russia's invasion of Ukraine, political uncertainty, changes in tax policies, scientific or technological developments, evolving sustainability strategies, changes in the nature or scope of our operations, including as a result of our recently announced strategy initiatives, changes in carbon markets, regulatory changes, changes in levels of client activity as a result of any of the foregoing and other factors. Accordingly, these statements, which speak only as of the date made, are not guarantees of future performance and should not be relied on for any purpose. We do not intend to update these estimates, illustrations, ambitions, objectives, outlooks, goals, commitments, aspirations, targets, projections or any other forward-looking statements. For these reasons, we caution you not to place undue reliance upon any forward-looking statements. We may not achieve the benefits of our strategic initiatives We may not achieve all of the expected benefits of our strategic initiatives, such as in relation to intended reshaping of the bank, cost reductions and strengthening and reallocating capital. Factors beyond our control, including but not limited to the market and economic conditions (including macroeconomic and other challenges and uncertainties, for example, resulting from Russia's invasion of Ukraine), customer reaction to our proposed initiatives, enhanced risks to our businesses during the contemplated transitions, changes in laws, rules or regulations and other challenges discussed in our public filings, could limit our ability to achieve some or all of the expected benefits of these initiatives. Our ability to implement our strategy objectives could also be impacted by timing risks, obtaining all required approvals and other factors. Estimates and assumptions In preparing this document, management has made estimates and assumptions that affect the numbers presented. Actual results may differ. Annualized numbers do not take into account variations in operating results, seasonality and other factors and may not be indicative of actual, full-year results. Figures throughout this document may also be subject to rounding adjustments. All opinions and views constitute good faith judgments as of the date of writing without regard to the date on which the reader may receive or access the information. This information is subject to change at any time without notice and we do not intend to update this information. Statement regarding non-GAAP financial measures This document contains non-GAAP financial measures, including results excluding certain items included in our reported results as well as return on regulatory capital and return on tangible equity, which is based on tangible shareholders' equity. Further details and information needed to reconcile such non-GAAP financial measures to the most directly comparable measures under US GAAP can be found in the Appendix of this document, as well as in the 3022 Earnings Release, which are both available on our ebsite at www.credit-suisse.com. 2 CREDIT SUISSE#3Disclaimer (2/2) Statement regarding capital, liquidity and leverage Credit Suisse is subject to the Basel framework, as implemented in Switzerland, as well as Swiss legislation and regulations for systemically important banks, which include capital, liquidity, leverage and large exposure requirements and rules for emergency plans designed to maintain systemically relevant functions in the event of threatened insolvency. Credit Suisse has adopted the Bank for International Settlements (BIS) leverage ratio framework, as issued by the Basel Committee on Banking Supervision (BCBS) and implemented in Switzerland by the Swiss Financial Market Supervisory Authority FINMA. Unless otherwise noted, leverage exposure is based on the BIS leverage ratio framework and consists of period-end balance sheet assets and prescribed regulatory adjustments. The tier 1 leverage ratio and CET1 leverage ratio are calculated as BIS tier 1 capital and CET1 capital, respectively, divided by period-end leverage exposure. Sources Certain material in this document has been prepared by Credit Suisse on the basis of publicly available information, internally developed data and other third-party sources believed to be reliable. Credit Suisse has not sought to independently verify information obtained from public and third-party sources and makes no representations or warranties as to accuracy, completeness, reasonableness or reliability of such information. Share capital increase This document is not an offer to sell securities or the solicitation of any offer to buy securities, nor shall there be any offer of securities, in any jurisdiction in which such offer or sale would be unlawful. This document does not constitute an offer or invitation to subscribe for or to purchase any securities in the United States of America. The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act") or the laws of any US state and may not be offered or sold in the United States of America absent registration or an exemption from registration under the Securities Act. There will be no public offering of the securities in the United States of America. 3 CREDIT SUISSE#43Q22 Key messages 4 CHF (4.0) bn reported net loss included CHF (3.7) bn impact from the impairment of deferred tax assets 12.6% CET1 ratio, down 90 bps QoQ, including 48 bps from strategic review CHF (0.3) bn reported pre-tax loss included CHF 0.2 bn of major litigation provisions 14.0% pro forma CET1 ratio including CHF ~4 bn capital raises¹ CHF (0.1) bn adjusted pre-tax loss driven by weak IB performance and lower client activity Resolving legacy cases settled RMBS and French legacy matters Note: Results excluding certain items in our reported results are non-GAAP financial measures. See the appendix of this presentation for detailed information and defined terms as well as important presentation and other information relating to non-GAAP financial measures, including reconciliations. 1 Subject to approval at a forthcoming Extraordinary General Meeting on November 23, 2022 CREDIT SUISSE#5Select updates on addressing legacy litigation issues 5 Proactive approach to reduction of the litigation docket, including through settlement of litigation cases; net litigation provisions of CHF 245 mn in 3Q22, of which CHF 178 mn related to major litigation provisions Settlements of RMBS and French legacy cases in 4Q22 Settled 16 civil major litigation matters since 2020, at an accelerated pace vs. previous years Dismissal of >90 cases¹ since 2020; successful outcome of FX civil class action trial² 1 Includes any type of case against Credit Suisse 2 Subject to potential appeal ~19% reduction in reasonably possible losses 3Q22 vs. 2022 CREDIT SUISSE#6Group 3Q22 net loss driven by impairment of deferred tax assets and weak Investment Bank performance 3Q22 net loss analysis in CHF mn 6 Adjusted pre-tax income/(loss) Adjustments Swiss Bank Asset Management Wealth Management Corporate Center Investment Bank (USD mn) Group adjusted pre-tax loss Major litigation provisions Restructuring expenses Other adjustments ¹ Group reported pre-tax loss Income tax expense Net loss attributable to non-controlling interests Net loss attributable to shareholders (4,034) (3,698) (640) (342) (41) (92) (178) (55) (17) (6) 104 78 383 CHF (3,655) mn impairment of DTA Note: Results excluding certain items in our reported results are non-GAAP financial measures. See the appendix of this presentation for detailed information and defined terms as well as important presentation and other information relating to non-GAAP financial measures, including reconciliations. 1 Includes Allfunds gain of CHF 10 mn, revaluation gains related to our investment in Pfandbriefbank of CHF 6 mn, an impairment on our investment in York Capital Management of CHF 10 mn, Archegos expenses of CHF 8 mn and expenses related to real estate disposals of CHF 15 mn CREDIT SUISSE#7Detailed Financials CREDIT SUISSE#8Group Overview Rev. 8 PCL/Costs Profitability Balance Sheet Credit Suisse Group in CHF mn Net revenues Adjusted net revenues Provision for credit losses Adjusted provision for credit losses Operating expenses Adjusted operating expenses Pre-tax income/(loss) Adjusted pre-tax income/ (loss) Income tax expense Net income/(loss) attributable to shareholders Return on tangible equity Cost/income ratio Risk-weighted assets in CHF bn Leverage exposure in CHF bn Liquidity coverage ratio² 3Q22 3,804 3,798 21 21 4,125 3,869 (342) (92) 3,698 (4,034) (38.3)% 108% 274 837 192% 2Q22 3,645 3,820 64 64 4,754 4,198 (1,173) (442) 419 (1,593) (15.0)% 130% 274 863 191% 3Q21 5,437 5,504 (144) 44 4,573 4,098 1,008 1,362 570 434 4.5% 84% 278 937 221% A 2022 4% (1) % (13)% (8)% n/m n/m n/m 0% (3)% A 3Q21 (30)% (31)% (10)% (6) % n/m n/m n/m (2)% (11)% Reported net revenues down 30% YoY, driven by substantially lower ECM and Leveraged Finance activity, as well as mark-to-market losses of USD 120 mn, in the Investment Bank and subdued client activity in Wealth Management Reported operating expenses included CHF 178 mn of major litigation provisions¹; adjusted operating expenses down 6% YoY driven by lower compensation and benefits expenses, partly offset by an impairment of IT-related assets in Wealth Management of CHF 145 mn Net loss significantly impacted by the impairment of deferred tax assets of CHF 3,655 mn as a result of the comprehensive strategic review Note: Results excluding certain items in our reported results are non-GAAP financial measures. See the appendix of this presentation for detailed information and defined terms as well as important presentation and other information relating to non-GAAP financial measures, including reconciliations. 1 Net litigation provisions of CHF 245 mn in 3022 2 Calculated using a three-month average, which is calculated on a daily basis CREDIT SUISSE#9AuM impacted by continued adverse market movements and net outflows Wealth Management AuM in CHF bn 9 662 2Q22 Swiss Bank AuM in CHF bn 545 2Q22 427 (20) Market moves 2Q22 (16) Asset Management AuM in CHF bn Market moves (11) Market moves (6) NNA (2) NNA (4) NNA FX impact & other FX impact & other (1) FX impact & other 635 3Q22 527 3Q22 411 3Q22 Group AuM of CHF 1,401 bn including CHF (173) bn in assets managed across businesses, down CHF 53 bn vs. 2Q22 NNA outflows of CHF 12.9 bn across the Group in 3Q22 Group liquidity coverage ratio and net stable funding ratio remain above core regulatory requirements, despite high deposit and AuM outflows following negative press and social media coverage in early October 2022 Note: Results excluding certain items in our reported results are non-GAAP financial measures. See the appendix of this presentation for detailed information and defined terms as well as important presentation and other information relating to non-GAAP financial measures, including reconciliations. CREDIT SUISSE#10Adjusted operating expenses down 6% YoY 10 Group adjusted operating expenses in CHF mn 4,098 3Q21 (398) Compensation and benefits 145 Impairment of IT-related assets 24 Other operating expenses 3,869 3Q22 Lower compensation and benefits. of CHF 398 mn, reflecting revenue decline Impairment of IT-related assets of CHF 145 mn in Wealth Management, following a review of our technology and platform strategy in the division Other operating expenses included investments in technology and Wealth Management, partly offset by savings and business exits Note: Results excluding certain items in our reported results are non-GAAP financial measures. See the appendix of this presentation for detailed information and defined terms as well as important presentation and other information relating to non-GAAP financial measures, including reconciliations. CREDIT SUISSE#11CET1 ratio of 12.6%; pro forma CET1 ratio of 14.0% including CHF ~4 bn capital raises CET1 ratio development in bps 11 13.5% 2Q22 37.0 274 6.1% 52.7 863 (12) bps Pre-tax loss (20) bps Other CET1 capital 1 movements (11) bps Net RWA² 13.1% 3Q22 pre-strategy impact CET1 capital in CHF bn Risk-weighted assets in CHF bn Tier 1 leverage ratio Tier 1 capital in CHF bn Leverage exposure in CHF bn (48) bps Strategy- related DTA impact Strategy-related 12.6% 3Q22 34.4 274 6.0% 50.1 837 ~140 bps 14.0% Capital Proforma raises 3 3Q22 38.3 274 6.5% 54.0 837 CET1 ratio down 90 bps vs. 2Q22 (48) bps from DTA impacts related to our strategic review; (12) bps from pre-tax loss of CHF 342 mn; and (11) bps from net RWA increases including (19) bps from increase in OpRisk RWA of USD 4 bn related to litigation provisions taken in 1Q22 ▪ Pro forma CET1 ratio of 14.0% including capital raises of CHF-4 bn or ~140 bps Tier 1 leverage ratio down 10 bps QoQ (21) bps from DTA impacts related to our strategic review, partly offset by benefit from leverage exposure reduction of 18 bps ▪ Pro forma Tier 1 leverage ratio of 6.5% including capital raises of CHF ~4 bn or ~45 bps Note: Results excluding certain items in our reported results are non-GAAP financial measures. See the appendix of this presentation for detailed information and defined terms as well as important presentation and other information relating to non-GAAP financial measures, including reconciliations. 1 Includes FX and FX hedging costs, capital payout and other CET1-relevant taxes including DTA impact from the Group's tax election to accelerate the tax loss recognition of a previously recognized deferred tax asset on timing difference in 2021 2 Includes impact from internal and external model and parameter updates 3 Estimated impact from capital raises; subject to approval at a forthcoming Extraordinary General Meeting on November 23, 2022 CREDIT SUISSE#12Wealth Management Lower PTI with higher NII offset by lower fees and transaction revenues, and an IT-related impairment Revenues PCL/ Costs Profitability AuM Balance Sheet in CHF mn 12 Net interest income Recurring commissions and fees Transaction-based Adjusted net revenues Provision for credit losses Adjusted total operating expenses pre-tax income Adjusted Reported pre-tax income Adjusted RoRCt Reported RoRC+ Adjusted cost/income ratio Adjusted net margin in bps Assets under management in CHF bn Net new assets in CHF bn Net loans in CHF bn Risk-weighted assets in CHF bn Leverage exposure in CHF bn 3Q22 615 382 357 1,355 7 1,270 78 21 3% 1% 94% 635 (6.4) 89 63 231 2Q22 558 408 478 1,444 (11) 1,341 114 (96) 4% (3)% 93% 7 662 (1.4) 93 62 235 3Q21 511 464 593 1,567 18 1,165 384 402 12% 13% 74% 20 761 5.4 107 65 245 A 3Q21 20% (18)% (40)% (14)% 9% (80)% (95)% (15) (16)% (17)% (2)% (6)% Adjusted net revenues down 14% ▪ Net interest income up 20% due to higher deposit revenues, reflecting higher interest rates especially in USD Recurring commissions and fees decline reflecting lower average assets under management and lower service-driven fees Decline in transactional revenues, mainly in Asia Pacific, coupled with lower GTS revenues and mark-to-market losses in APAC Financing of CHF 35 mn¹ Adjusted operating expenses up 9% due to an impairment of IT-related assets of CHF 145 mn following a review of the Wealth Management technology and platform strategy, partly offset by lower compensation and benefits expenses Adjusted pre-tax income of CHF 78 mn included the impairment of IT-related assets of CHF 145 mn; reported pre-tax income included major litigation provisions of CHF 54 mn Net assets outflows of CHF 6.4 bn driven by deleveraging and proactive de-risking RMs Number of relationship managers 1,880 1,940 1,900 (1)% Note: Results excluding certain items in our reported results are non-GAAP financial measures. See the appendix of this presentation for detailed information and defined terms as well as important presentation and other information relating to non-GAAP financial measures, including reconciliations. 1 3Q22 mark-to-market losses of CHF (35) mn (net of CHF 2 mn of hedges); 3021 included mark-to-market losses of CHF (8) mn (including CHF (3) mn of hedges) CREDIT SUISSE#13Swiss Bank Resilient performance notwithstanding impact of Swiss threshold benefits Revenues PCL/ Costs Profitability AuM Balance Sheet in CHF mn 13 Net interest income Recurring commissions and fees Transaction-based Adjusted net revenues¹ Provision for credit losses Adjusted total operating expenses pre-tax income Adjusted Reported pre-tax income Adjusted RoRC+ Reported RoRC+ Adjusted cost/income ratio Adjusted net margin in bps Assets under management in CHF bn Net new assets in CHF bn Net loans in CHF bn Risk-weighted assets in CHF bn Leverage exposure in CHF bn 3Q22 525 323 121 956 21 552 383 383 12% 12% 58% 28 527 (1.5) 161 71 240 2022 595 334 138 1,047 18 627 402 402 12% 12% 60% 28 545 (1.6) 162 72 244 3Q21 1,680 589 333 146 1,049 3 596 450 454 13% 13% 57% 30 589 0.4 163 70 250 A 3Q21 (11)% (3)% (17)% (9)% (7)% (15)% (16) % (2) (10)% (2)% 2% (4)% Adjusted net revenues down 9% ▪ Net interest income down 11%, mainly driven by lower SNB threshold benefits from the recent SNB increase of interest rates, partly offset by higher deposit income 1% Recurring commission and fees down 3% due to lower AuM levels, partly offset by higher fees from lending activities ▪ Transaction-based revenues down 17%; excluding a gain related to IBOR transition in 3Q212 and gains on equity investments³, transaction-based revenues down 4% Adjusted operating expenses down 7% driven by lower compensation and benefits expenses; cost/income ratio of 58% Adjusted pre-tax income down 15% with continued low provision for credit losses at 5 bps of our net loans RMs Number of relationship managers 1,660 1,650 Note: Results excluding certain items in our reported results are non-GAAP financial measures. See the appendix of this presentation for detailed information and defined terms as well as important presentation and other information relating to non-GAAP financial measures, including reconciliations. 1 Includes other revenues of CHF (13) mn in 3Q22, CHF (20) mn in 2022 and CHF (19) mn in 3Q21 2 Gain related to IBOR transition of CHF 16 mn in 3Q21 3 Gains on equity investments of CHF 1 mn in 3022 and CHF 5 mn in 3Q21 Assets under management down 10% Lower assets under management due to declining markets ▪NNA of CHF (1.5) bn with outflows of CHF 1.7 bn from private clients, partly offset by inflows of CHF 0.2 bn from institutional clients ■ CREDIT SUISSE#14Asset Management PTI adversely affected by continued market uncertainty Revenues PCL/ Costs Profitability AuM Balance Sheet in CHF mn Management fees Perf., transaction & placement rev. Investment and partnership income¹ Adjusted net revenues Provision for credit losses Adjusted total operating expenses Adjusted pre-tax income Reported pre-tax income Adjusted RoRC+ Reported RoRCt Adjusted cost/income ratio Assets under management in CHF bn Net new assets in CHF bn Risk-weighted assets in CHF bn Leverage exposure in CHF bn 3Q22 250 33 63 346 (1) 243 104 90 49% 43% 70% 411 (4.2) 9 2022 258 5 48 311 2 278 31 30 15% 14% 89% 427 (6.1) 9 3 3Q21 287 75 43 405 1 273 131 18 57% 8% 67% 475 (1.7) 8 3 A 3Q21 (13)% (56)% 47% (15)% (11)% (21)% 400% (13)% 2% 7% Adjusted net revenues down 15% due to lower performance, transactions & placement revenues and lower management fees, reflecting a 13% decline in AuM Adjusted operating expenses down 11% primarily driven by lower expenses related to the SCFF matter and reduced compensation and benefits expenses Adjusted pre-tax income down 21% mainly reflecting declining market levels AuM down 13% or CHF 63 bn, of which CHF 57 bn is due to market and FX effects NNA outflows of CHF 4.2 bn across both traditional investments and alternative investments, partly offset by inflows from investments and partnerships Note: Results excluding certain items in our reported results are non-GAAP financial measures. See the appendix of this presentation for detailed information and defined terms as well as important 14 presentation and other information relating to non-GAAP financial measures, including reconciliations. 1 Excludes impairment on York Capital Management of CHF 113 mn in 3Q21 and CHF 10 mn in CREDIT SUISSE 3Q22#15Investment Bank Significant pre-tax loss amid persistently challenging capital markets conditions and lower capital usage Revenues PCL/ Costs Profitability Balance Sheet 15 in USD mn Fixed income sales & trading Equity sales & trading¹ Capital markets Advisory and other fees Other² Adjusted net revenues Adjusted provision for credit losses Adjusted total operating expenses Adjusted pre-tax income/ (loss) Reported pre-tax income/(loss) Adjusted RoRC+ Reported RoRC+ Adjusted cost/income ratio Risk-weighted assets in USD bn Leverage exposure in USD bn 3Q22 558 248 99 232 (1) 1,136 (6) 1,782 (640) (691) (15)% (16)% 157% 84 324 2Q22 622 342 38 190 (42) 1,150 57 1,953 (860) (1,165) (19)% (26)% 170% 86 349 3Q21 825 535 977 379 (4) 2,712 22 2,028 662 911 13% 18% 75% 94 407 A 3Q21 (32)% (54)% (90)% (39)% n/m (58)% (12)% n/m n/m (10)% (20)% Adjusted net revenues down 58% Capital Markets revenues impacted by substantially lower Equity Capital Markets and Leveraged Finance market activity and included USD 120 mn of mark-to-market losses in Leveraged Finance Reduced non-IG underwriting portfolio to USD 3.6 bn (down 46% vs. 4Q21) ▪ Lower Advisory revenues in line with reduced industry-wide deal closings Lower Fixed Income revenues driven by a decline in Securitized Products and Global Credit Products vs. a strong prior year partly offset by higher Macro revenues given increased volatility ■ ▪ Lower Equities¹ results across Equity Derivatives and Cash trading vs. a strong prior year and reflecting the exit of Prime Services Adjusted operating expenses down 12% due to lower compensation and benefits and revenue-related expenses Adjusted pre-tax loss of USD 640 mn driven by significantly lower client activity and reduced capital usage and risk appetite across businesses Significantly reduced capital usage Risk-weighted assets down 10% and leverage exposure down 20% reflecting reduced business activity Note: Results excluding certain items in our reported results are non-GAAP financial measures. See the appendix of this presentation for detailed information and defined terms as well as important presentation and other information relating to non-GAAP financial measures, including reconciliations. 1 Excludes Archegos gain of USD 24 mn from Equity Sales & Trading revenues in 3021 2 Other revenues include treasury funding costs and changes in the carrying value of certain investments CREDIT SUISSE#16Corporate Center Revenues PCL/ ability Costs Profit- Balance Sheet 16 Corporate Center in CHF mn Treasury results Asset Resolution unit Other¹ Adjusted net revenues Provision for credit losses Adjusted total operating expenses Adjusted pre-tax income/ (loss) Reported pre-tax income/(loss) Total assets in CHF bn Risk-weighted assets in CHF bn o/w OpRisk in CHF bn Leverage exposure in CHF bn 3Q22 (7) (1) 43 35 76 (41) (170) 41 48 34 45 2022 (155) 22 42 (91) 74 (165) (393) 44 50 30 48 3Q21 A 3Q21 (57) (34) 83 (48)% (8) n/m n/m n/m (212) (707) 202 (62)% n/m n/m 55 (24)% 48 0% 27 23% 59 (23)% Rev. PCL/ Costs Prof. Balance Sheet ARU within Corporate Center in CHF mn Net revenues Provision for credit losses Total operating expenses Pre-tax income/(loss) Risk-weighted assets in USD bn Leverage exposure in USD bn 3Q22 (1) (1) 28 (28) 6 14 2022 Note: Results excluding certain items in our reported results are non-GAAP financial measures. See later in this Appendix for detailed information and defined terms as well as important presentation and other information relating to non-GAAP financial measures, including reconciliations. 1 Other revenues primarily include required elimination adjustments associated with trading in own shares, treasury commissions charged to divisions, the cost of certain hedging transactions executed in connection with the Group's RWA and valuation hedging impacts from long-dated legacy deferred compensation and retirement programs mainly relating to former employees 22 29 (7) 15 3Q21 (34) 2 37 (73) 8 19 A 3Q21 n/m (24)% n/m (27)% (26)% CREDIT SUISSE#17Appendix CREDIT SUISSE#18Net and gross margins 18 Adjusted net margin in bps Adjusted gross margin in bps Adjusted net revenues in CHF mn Adjusted pre-tax income in CHF mn Average AuM in CHF bn 20 83 3Q21 4Q21 1Q22 Wealth Management 384 71 759 12 138 83 755 1,567 1,345 1,506 1,444 7 3Q21 4Q21 1Q22 2Q22 3Q22 212 2Q22 724 83 114 5 694 3Q22 82 1,355 78 657 30 3Q21 71 3Q21 450 30 592 Swiss Bank 4Q21 70 4Q21 438 26 593 1Q22 70 1,049 1,039 1,022 1,047 28 385 1Q22 2Q22 588 2Q22 3Q22 74 402 569 28 Note: Results excluding certain items in our reported results are non-GAAP financial measures. See later in this Appendix for detailed information and defined terms as well as important presentation and other information relating to non-GAAP financial measures, including reconciliations. 70 3Q22 956 383 546 CREDIT SUISSE#19Oil & Gas / Leveraged Finance exposures 19 Oil & Gas exposure¹ in USD bn 5.0 2.0 Non-IG 3.0 IG 3Q21 4.4 1.9 Non-IG 2.5 IG 4Q21 4.5 1.8 Non-IG 2.7 IG 1Q22 4.2 1.9 Non-IG 2.3 IG 2022 3.9 1.8 Non-IG 2.1 IG 3Q22 Leveraged Finance exposure² in USD bn 6.4 3Q21 6.7 4Q21 1 Oil & Gas net lending exposure in Corporate Bank 2 Exposure is net of specific allowances, specific provisions for credit losses and valuation adjustments 7.4 1Q22 5.9 2Q22 3.6 3Q22 CREDIT SUISSE#20Our loan book is highly collateralized with a majority in Switzerland Group gross loans - 3Q22 Corporate & institutional ¹ CHF 125 bn or 44% Governments and public institutions 20 Financial institutions Commercial and industrial loans Real estate 24% 10% CHF 283 bn 10% 1% 2% 16% 38% Switzerland share of Group gross loans - 3Q22 41% CHF 283 bn 59% Consumer² CHF 159 bn or 56% Mortgages Loans collateralized by securities Consumer finance Reported at fair value → 3% Collateralization³ → 86% Switzerland Others Provision for credit losses ratio vs. peers4 Provision for credit losses / average net loans, in bps ■Credit Suisse 7 70 2010-2017 avg. 9 Swiss Bank & Wealth Management PCL ratio each average 8 bps 2018-2021 Peers 34 2018 11 43 2019 37 103 2020 1 Classified by counterparty type 2 Classified by product type 3 Percentage of collateralized loans in relation to gross loans 4 Source: Bloomberg (all numbers in CHF), Company filings as of 1H22. Peers include Bank of America, Barclays, BNP, Citigroup, Deutsche Bank, Goldman Sachs, HSBC, JP Morgan, Morgan Stanley, Société Générale, Standard Chartered and UBS 5 Credit Suisse PCL ratio excludes Archegos provision 144 bps incl. CHF 4.3 bn Archegos provision (3) (12) 20215 8 29 1H225 CREDIT SUISSE#21Exceeding both Going and Gone concern requirements Total loss-absorbing capacity as of end-3Q22, in CHF bn 21 Gone concern capital Going concern capital AT1 Swiss CET1 97.4 47.3 15.7 34.4 Credit Suisse Pillar 2 add-on² Other going capital³ Capital ratio 25.0% 10.5% 4.3% 9.3%¹ Swiss capital requirements 35.5% 17.2% 5.7% 12.6% 14.0% pro forma post capital raises Credit Suisse 5 2025 target >13.5% pre-B3R Throughout strategic transformation at least 13.0% Pillar 2 add-on² Leverage ratio 8.7% 3.8% 1.5% 3.3% Swiss leverage requirements 1 Effective from September 30, 2022, Pillar 1 CET1 requirements for capital and leverage ratios have been reduced by 0.36% and 0.125%, respectively, following FINMA's reassessment of surcharges based on leverage exposure. Also reflects the decrease in surcharge due to lower market share, effective 2022 2 Includes the effects of the Swiss sectorial countercyclical capital buffer (effective from September 30, 2022) and extended countercyclical buffer, totaling 25 bps 3 Includes the FINMA Pillar 2 capital add-on of CHF 1.96 bn (USD 2.0 bn) relating to the supply chain finance funds matter, which equates to an additional Swiss CET1 capital ratio and Swiss CET1 leverage ratio requirement of 70 bps and 23 bps, respectively 4 Includes rebates for resolvability in gone concern capital of 311 bps and in gone concern leverage ratio of 100 bps 5 Subject to approval at a forthcoming Extraordinary General Meeting on November 23, 2022 6 BIS CET1 capital ratio 2025 aspiration 11.6% 5.7% 1.9% 4.1% Credit Suisse CREDIT SUISSE#22Currency mix & Group capital metrics 22 Group Wealth Management Swiss Bank Asset Management Investment Bank Adjusted Credit Suisse Group results Net revenues Total expenses¹ Net revenues Total expenses1¹ Net revenues Total expenses¹ Net revenues Total expenses¹ Net revenues Total expenses¹ 3Q22 LTM in CHF mn 16,584 16,490 5,650 5,108 4,064 2,456 1,415 1,136 5,749 7,409 CHF 33% 32% 15% 35% 91% 91% 49% 41% 6% 7% USD 41% 34% 50% 21% 2% 3% 39% 38% 61% 53% Contribution EUR GBP 11% 5% 18% 7% 4% 2% 9% 6% 11% 5% 4% 10% 4% 7% 1% 1% 1% 9% 7% 15% Other 11% 19% 14% 30% 2% 3% 2% 6% 15% 20% Sensitivity analysis on Group results² Applying a +/- 10% movement on the average FX rates for 3Q22 LTM, the sensitivities are: ▪ USD/CHF impact on 3Q22 LTM pre-tax income by CHF +118/ (118) mn ▪ EUR/CHF impact on 3Q22 LTM pre-tax income by CHF +93 / (93) mn Currency mix capital metric³ CHF 11% 34% 12% 18% 7% 7% 6% 6% 19% 67% 69% 42% USD Note: Results excluding certain items in our reported results are non-GAAP financial measures. See the appendix of this presentation for detailed information and defined terms as well as important presentation and other information relating to non-GAAP financial measures, including reconciliations. 2 Sensitivity analysis based on adjusted numbers and on weighted average exchange rates of USD/CHF of 0.93 and EUR/CHF of 1.02 for 3022 LTM results 3 Data based on September 2022 month-end currency mix 4 Reflects actual capital positions in consolidated Group legal entities (net assets) including net asset hedges less applicable Basel III regulatory adjustments (e.g., goodwill) 1 Total expenses include provisions for credit losses Basel III Risk-weighted assets CET1 capital 4 Swiss leverage exposure USD CHF EUR Other A 10% strengthening / weakening of the USD (vs. CHF) would have a (1.9) bps / 2.2 bps impact on the BIS CET1 ratio CREDIT SUISSE#23Results excluding certain items included in our reported results are non-GAAP financial measures. Following the reorganization implemented at the beginning of 2022, we have amended the presentation of our adjusted results. Management believes that such results provide a useful presentation of our operating results for purposes of assessing our Group and divisional performance consistently over time, on a basis that excludes items that management does not consider representative of our underlying performance. Provided below is a reconciliation of our adjusted results to the most directly comparable US GAAP measures. Reconciliation of adjustment items (1/2) Group in CHF mn Net revenues Real estate (gains)/losses (Gains)/losses on business sales Valuation adjustment related to major litigation (Gain)/loss on equity investment in Allfunds Group (Gain)/loss on equity investment in SIX Group AG Gain on equity investment in Pfandbriefbank Impairment on York Capital Management Archegos Adjusted net revenues Provision for credit losse s Archegos Adjusted provision for credit losses Total operating expenses Goodwill impairment Restructuring expenses Major litigation provisions Expenses related to real estate disposals Expenses related to equity investment in Allfunds Group Archegos Adjusted total operating expenses Income/(loss) before taxes Adjusted income/(loss) before taxes 23 3Q22 3,804 (10) (6) 10 3,798 21 21 4,125 (55) (178) (15) (8) 2Q22 3,645 (13) 1 168 19 3,820 64 64 4,754 (23) (80) (434) (6) (13) 3,869 4,198 (342) (1,173) (92) (442) 1Q22 4,412 (164) 3 353 (17) 4,582 (110) 155 45 4,950 (46) (653) (3) (11) 4Q21 4,582 (224) (13) (31) 70 4,384 (20) 5 (15) 6,266 (1,623) (33) (514) (11) (14) 4,237 4,071 (428) (1,664) 300 328 3Q21 5,437 (4) 42 69 (130) 113 (23) 5,504 (144) 188 44 4,573 (495) (3) (1) 24 4,098 1,008 1,362 Wealth Management in CHF mn Net revenues Real estate (gains)/losses (Gains)/losses on business sales (Gain)/loss on equity investment in Allfunds Group (Gain)/loss on equity investment in SIX Group AG Adjusted net revenues Provision for credit losses Total operating expenses Restructuring expenses Major litigation provisions Expenses related to real estate disposals Expenses related to equity investment in Allfunds Group Adjusted total operating expenses Income/(loss) before taxes Adjusted income/(loss) before taxes Swiss Bank in CHF mn Net revenues Real estate (gains)/losses (Gain)/loss on equity investment in SIX Group AG Gain on equity investment in Pfandbriefbank Adjusted net revenues Provision for credit losse s Total operating expenses Restructuring expenses Adjusted total operating expenses Income/(loss) before taxes Adjusted income/(loss) before taxes 3Q22 1,365 (10) 1,355 7 1,337 (11) (54) (2) 1,270 21 78 3Q22 962 (6) 956 21 558 (6) 552 383 383 2Q22 1,266 1 168 9 1,444 (11) 1,373 (15) (16) (1) 1,341 (96) 114 2Q22 1,050 (13) 10 1,047 18 630 (3) 627 402 402 1Q22 1,177 (25) 3 353 (2) 1,506 24 1,510 (10) (230) 1,270 (357) 212 1Q22 1,109 (84) (3) 1,022 23 615 (1) 614 471 385 4Q21 1,377 (19) (17) (31) 35 1,345 (7) 1,227 (7) (3) (3) 1,214 157 138 4Q21 1,209 (205) 35 1,039 (4) 606 (1) 605 607 438 CREDIT SUISSE 3Q21 1,656 41 (130) 1,567 18 1,236 (70) (1) 1,165 402 384 3Q21 1,053 (4) 1,049 3 596 596 454 450#24Results excluding certain items included in our reported results are non-GAAP financial measures. Following the reorganization implemented at the beginning of 2022, we have amended the presentation of our adjusted results. Management believes that such results provide a useful presentation of our operating results for purposes of assessing our Group and divisional performance consistently over time, on a basis that excludes items that management does not consider representative of our underlying performance. Provided below is a reconciliation of our adjusted results to the most directly comparable US GAAP measures. Reconciliation of adjustment items (2/2) Asset Management in CHF mn Net revenues Real estate (gains)/losses Impairment on York Capital Management Adjusted net revenues Provision for credit losse s Total operating expenses Restructuring expenses Expenses related to real estate disposals Adjusted total operating expenses Income/(loss) before taxes Adjusted income/(loss) before taxes Investment Bank in CHF mn Net revenues Real estate (gains)/losses Archegos Adjusted net revenues Provision for credit losse s Archegos Adjusted provision for credit losses Total operating expenses Goodwill impairment Restructuring expenses Major litigation provisions Expenses related to real estate disposals Archegos Adjusted total operating expenses Income/(loss) before taxes Adjusted income/(loss) before taxes 24 3Q22 336 10 346 (1) 247 (3) (1) 243 90 104 3Q22 1,106 1,106 (6) (6) 1,778 (30) (12) (8) 1,728 (666) (616) 2Q22 311 311 2 279 (1) 278 30 31 2Q22 1,109 1,109 55 55 2,170 (23) (60) (191) (13) 1,878 (1,116) (824) 1Q22 361 359 308 308 53 51 1Q22 1,938 (53) (17) 1,868 (156) 155 (1) 1,970 (36) (11) 4Q21 399 1,920 399 (2) 308 308 93 93 4Q21 1,666 1,666 (7) 5 (2) 3,661 (1,623) (25) (149) (8) (19) 1,837 124 (1,988) (51) (169) 3Q21 292 113 405 1 273 273 18 131 3Q21 2,514 (23) 2,491 (168) 188 20 1,841 (3) 24 1,862 841 609 Investment Bank in USD mn Net revenues Archegos Adjusted net revenues Provision for credit losses Archegos Adjusted provision for credit losses Total operating expenses Goodwill impairment Restructuring expenses Major litigation provisions Expenses related to real estate disposals Archegos Adjusted total operating expenses Income/(loss) before taxes Adjusted income/(loss) before taxes Corporate Center in CHF mn Net revenues (Gains)/losses on business sales Valuation adjustment related to major litigation Adjusted net revenues Provision for credit losse s Total operating expenses Restructuring expenses Major litigation provisions Adjusted total operating expenses Income/(loss) before taxes Adjusted income/(loss) before taxes 3Q22 1,136 1,136 (6) (6) 1,833 (30) (13) (8) 1,782 (691) (640) 3Q22 35 35 205 (5) (124) 76 (170) (41) 2Q22 1,150 1,150 57 57 2,258 (24) (63) (200) (4) (14) 1,953 (1,165) (860) 2Q22 (91) (91) 302 (1) (227) 74 (393) (165) 3Q21 2,736 (24) 2,712 (180) 202 22 2,005 (3) 26 2,028 911 662 3Q21 (78) 1 69 (8) 2 627 (425) 202 (707) (212) CREDIT SUISSE#25Notes General notes Throughout this presentation rounding differences may occur Unless otherwise stated, all financial numbers presented and discussed are adjusted. Results excluding certain items included in our reported results are non-GAAP financial measures. All percentage changes and comparative descriptions refer to YoY measurements unless otherwise specified Estimates and assumptions are based on currently available information and beliefs, expectations and opinions of management and include all known facts and decisions as of October 27, 2022. Actual results may differ Unless otherwise noted, all CET1 capital, CET1 ratio, CET1 leverage ratio, Tier 1 leverage ratio, risk-weighted assets and leverage exposure figures shown in these presentations are as of the end of the respective period Gross and net margins are shown in basis points; gross margin = net revenues annualized / average AuM; net margin = pre-tax income annualized / average AuM. Adjusted net margin excluding certain items included in our reported results is calculated using results excluding such items, applying the same methodology Parent means Credit Suisse AG on a standalone basis. All CET1 capital and CET1 ratio figures shown in these presentations for Parent are Swiss capital metrics ■ ■ ■ ■ ■ Specific notes + Regulatory capital is calculated as the average of 13.5% of RWA and 4.25% of leverage exposure and return on regulatory capital, a non-GAAP financial measure, is calculated using income/(loss) after tax and assumes a tax rate of 25% from 2020 onward. For the Investment Bank, return on regulatory capital is based on US dollar denominated numbers. Return on regulatory capital excluding certain items included in our reported results is calculated using results excluding such items, applying the same methodology. Adjusted return on regulatory capital excluding certain items included in our reported results is calculated using results excluding such items, applying the same methodology. + Return on tangible equity, a non-GAAP financial measure, is calculated as annualized net income attributable to shareholders divided by average tangible shareholders' equity. Tangible shareholders' equity, a non-GAAP financial measure, is calculated by deducting goodwill and other intangible assets from total shareholders' equity as presented in our balance sheet. For end-3Q21, tangible shareholders' equity excluded goodwill of CHF 4,615 mn and other intangible assets of CHF 234 mn from total shareholders' equity of CHF 44,498 mn as presented in our balance sheet. For end-2Q22, tangible shareholders' equity excluded goodwill of CHF 2,974 mn and other intangible assets of CHF 340 mn from total shareholders' equity of CHF 45,842 mn as presented in our balance sheet. For end-3Q22, tangible shareholders' equity excluded goodwill of CHF 3,018 mn and other intangible assets of CHF 424 mn from total shareholders' equity of CHF 43,267 mn as presented in our balance sheet. Abbreviations APAC = Asia Pacific; ARU = Asset Resolution Unit; AuM = Assets under Management; BIS Bank of International Settlements; bps = basis points; CET1 = Common Equity Tier 1; CSSEL Credit Suisse Securities (Europe) Limited; DTA = deferred tax assets; ECM = Equity Capital Markets; EUR = Euro; FINMA = Swiss Financial Market Supervisory Authority; GAAP Generally Accepted Accounting Principles; GBP British Pound; GTS Global Trading Solutions; HQLA = High-quality Liquid Assets; IB = Investment Bank; LTM Last twelve months; NII Net interest income; NNA = Net New Assets; OpRisk Operational risk; PCL = provision for credit losses; PTI = Pre-tax income; RMBS Residential Mortgage-backed Securities; RoRC = Return on Regulatory Capital; RWA = Risk-weighted assets; SCFF = Supply Chain Finance Funds; SNB 25 CHF Swiss Franc; FX = Foreign Exchange; IBOR Interbank offered rate; IG Investment Grade; IT = Information Technology; QoQ = Quarter on Quarter; rev. = revenues; RM = Relationship Manager; Swiss National Bank; USD = United States Dollar; vs. = versus; YOY Year on year CREDIT SUISSE#26CREDIT SUISSE