#1Fixed Income Investor presentation Debt Investor Relations March 14, 2023 CREDIT SUISSE#2Disclaimer (1 of 2) Credit Suisse has not finalized its 2022 Annual Report and Credit Suisse's independent registered public accounting firm has not completed its audit of the consolidated financial statements for the period. Accordingly, the financial information contained in this document is subject to completion of year-end procedures, which may result in changes to that information. 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, 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, in "Credit Suisse-Risk Factor" in our 3Q22 Financial Report published on November 2, 2022 and in the "Cautionary statement regarding forward-looking information" in our 4Q22 Earnings Release published on February 9, 2023 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. Unless otherwise noted, all such estimates, illustrations, expectations, ambitions, objectives, outlooks, goals, commitments, aspirations, targets and projections are for the full year indicated or as of the end of the year indicated, as applicable. 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 Our estimates, ambitions, objectives, aspirations and targets often include metrics that are non-GAAP financial measures and are unaudited. A reconciliation of the estimates, ambitions, objectives, aspirations and targets to the nearest GAAP measures is unavailable without unreasonable efforts. Results excluding certain items included in our reported results do not include items such as goodwill impairment, major litigation provisions, real estate gains, impacts from foreign exchange and other revenue and expense items included in our reported results, all of which are unavailable on a prospective basis. Return on tangible equity is based on tangible shareholders' equity, a non-GAAP financial measure also known as tangible book value, which is calculated by deducting goodwill and other intangible assets from total shareholders' equity as presented in our balance sheet, both of which are unavailable on a prospective basis. Such estimates, ambitions, objectives, aspirations and targets are calculated in a manner that is consistent with the accounting policies applied by us in preparing our financial statements. 2 CREDIT SUISSE#3Statement 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. Disclaimer (2 of 2) 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. 3 CREDIT SUISSE#4Strategic transformation into new Credit Suisse is well underway Delivering on strategic priorities Restructure the Investment Bank Strengthen and reallocate capital Accelerate cost transformation Strengthening business momentum in 2023 and beyond Capitalize on the core strengths of our Wealth Management franchise and reinvigorate growth; reinforce Swiss Bank's leading position as a universal bank Leverage our competitive and differentiated capabilities in Asset Management and Markets to complement the core Release capital from Capital Release Unit wind-down and carve out CS First Boston as an independent Capital Markets and Advisory business Group financial targets reaffirmed Cost base in CHF bn 15.8 in 2023 ~14.5 in 2025 CET1 ratio² >13.5% in 2025 At least 13% through transformation³ Return on tangible equity* 2025 Core: >8% Group: ~6% 4 Note: Results excluding certain items in our reported results are non-GAAP financial measures. See the appendix of our 4Q22 and Full Year 2022 Results presentation published on our website for detailed information and defined terms as well as important presentation and other information relating to non-GAAP financial measures. 1 Our cost base target is measured using adjusted operating expenses at constant 2022 FX rates and on constant perimeter, before impact of Securitized Products transaction and other divestments 2 Pre-Basel III reforms 3 From 2023 to 2025 CREDIT SUISSE#5Capital exceeding regulatory requirements 5 Total loss-absorbing capacity as of end-4Q22, in CHF bn 99.1 Gone concern 49.1 capital AT1 14.7 39.5% 19.6% 25.1% 8.8% 15.2% 7.6% 3.8% 2.2% 10.5% 5.8% 1.5% 2025 target5 >13.5% Pillar 2 add-on² Going 4.3% concern Pillar 2 add-on² capital Other going capital³ Swiss CET1 35.3 Capital ratio 14.1% 9.3% Credit Suisse Swiss capital requirements Credit Suisse pre-B3R Throughout strategic transformation at least 13.0% Leverage ratio 5.4% 3.3%¹ Swiss leverage requirements Credit Suisse 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 FINMA Pillar 2 capital add-on of CHF 1.85 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 74 bps and 28 bps, respectively 3 Includes the effects of the Swiss sectorial countercyclical capital buffer (effective from September 30, 2022) and extended countercyclical buffer, totaling 32 bps 4 Includes rebates for resolvability in gone concern capital of 311 bps and in gone concern leverage ratio of 100 bps 5 BIS CET1 capital ratio 2025 aspiration CREDIT SUISSE#6Deleveraging to significantly reduce funding needs Long-term debt capital markets issuance and redemption 1 volumes in CHF bn Liquidity instruments² TLAC-eligible instruments³ 20 20 25 45 11 Covered bonds Liquidity instruments Senior bonds (OpCo) Senior bonds (HoldCo) Capital instruments (AT1) TLAC-eligible instruments Key messages Group's overall funding needs expected to reduce over time as a result of strategic transformation in line with balance sheet reduction ■ Combined HoldCo and AT1 issuance of up to CHF ~6 bn vs. CHF 13 bn of redemption in 2023 - · Significant reduction of HoldCo needs Already completed over half of 2023 OpCo issuance plan and -35% of overall funding plan in February 20 21 20 20 1 16 17 up to -17 14 6 0.7 8 0.2 ~2 - 7 CO 6 ~5 ~0.5 ၇ ။ဟု 11 9 5 6 ~2 up to -4 4 3 2 2 Redemption Issuance YTD4 Full-year issuance plan5 Redemption Full-year 2024 2025 2026 2022 2023 Future redemptions Issuance Redemption Issuance 2021 Net issuance: CHF 9 bn CHF 8 bn CHF ~(5) bn 6 1 Issuance excludes contingent capital awards. Maturities and expected redemptions as of respective year-end FX rates. 2023, 2024, 2025 and 2026 redemptions are based on December 31, 2022 FX rates. Redemptions reflect instruments maturing on their next call date for illustrative purposes only. Credit Suisse makes no representation on its intention to call the instruments 2 Includes covered bonds and OpCo instruments; excludes Pfandbrief 3 Includes HoldCo instruments as well as AT1 high-trigger capital instruments, grandfathered tier 1 and tier 2 capital instruments, and legacy capital instruments 4 As of February 21,2023 5 Estimated full-year issuance plan reflects projected business growth, development of the balance sheet, future funding needs and maturity profiles as well as the effects of changing market and regulatory conditions. For indicative purposes and subject to change 6 Does not reflect potential new issuance from this date onwards. Excludes any buybacks or OpCo structured notes activity 7 Need partly driven by new TBTF Liquidity rules to come into effect Jan 1, 2024 CREDIT SUISSE#7Diversified funding and currency mix in line with prior years Issuances1 2023 YTD Senior bonds (OpCo) Funding currency mix USD CHF EUR Other² Par value Currency at issuance (in mn) Coupon Maturity First call 1Q23 USD 1,250 7.950% 2025 USD 2,500 7.500% 2028 GBP 500 7.750% 2026 EUR 750 5.500% 2026 10% 7% 7% 13% 2023 CHF 6 bn 63% 2022 CHF 27 bn 33% 52% 2021 CHF 21 bn 37% 48% 14% 1 Pfandbrief and Covered Bond are not shown 7 2 Includes AUD, GBP, SGD and JPY 8% 8% CREDIT SUISSE#8Decisive actions have rebuilt liquidity coverage ratio from lower levels in the quarter 8 Liquidity coverage ratio¹ average in % 192 144 Lower spot rates 3Q22 Earlier part of 4Q22 4Q22 1 Calculated using a three-month average, which is calculated on a daily basis 2 Reflects long-term and short-term funding during 4Q22 Average LCR at 144% at the end of 4Q22 ■ Improved from lower levels in the quarter following the idiosyncratic events of October 2022 Supported by deleveraging, CHF ~4 bn capital raises, capital market and other funding of CHF ~7 bn², client outreach program and other liquidity generating measures ■ LCR compares favorably to our peer group Strategic transformation ■ Further substantial liquidity release is expected from the strategic transformation through 2023 as announced in October 2022, including from the Non-Core Unit and Securitized Products CREDIT SUISSE#9Large capital buffers complemented by creditor-friendly note structure and strong capacity for capital coupon payments ■ AT1 instruments include a contractual dividend stopper Coupons are discretionary as required for AT1 instruments ■ Credit Suisse Group AG will be prohibited from making any AT1 interest payment if either: - - - Distributable Profits¹ are less than such interest payment plus the aggregate amount of payments on tier 1 instruments Regulatory capital requirements are not met BIS CET1 ratio and capital in CHF bn 14.1% 4Q222 CET1 capital ratio 35.3 CHF CHF 22.8 bn Conversion³ 17.8 bn /write-down CET1 buffer 2,5 trigger4 CET1 buffer2 Write- 7.0% down trigger4 17.5 5.0% 12.5 FINMA prohibits such interest payment CET1 Common equity tier 1 CET1 capital 4Q22 CET1 capital at conversion/write-down trigger CET1 capital at write-down trigger Note: For presentation purposes the CET1 buffer for the 5.125% low-trigger capital instruments is not shown. The write-down trigger for certain capital instruments takes into account that other outstanding capital instruments that contain relatively higher capital ratios as part of their trigger feature are expected to convert into equity or be written down prior to the write down of such capital instruments 1 Distributable Profits = aggregate of i) net profits carried forward and ii) freely available reserves (other than reserves for own shares), in each case, less any amounts that must be contributed to legal reserves under applicable law, all as appearing in the Relevant Accounts (i.e., the audited unconsolidated financial statements of the Issuer for the previous financial year). According to Swiss Law, as of the end of 2022, Distributable Profits of Credit Suisse Group AG, under the terms of our regulatory capital instruments were CHF 22.0 bn and consisted of total shareholders' equity of CHF 22.7 bn less total non-distributable shareholders' equity of CHF 0.7 bn 2 Based on end 4Q22 BIS risk-weighted assets of CHF 250.5 bn 3 Conversion into equity upon Credit Suisse Group AG's (the "Group") reported CET1 ratio falling below 7%, or a determination by FINMA that conversion is necessary, or that the Group requires public sector capital support, to prevent it from becoming insolvent or otherwise failing 4 The principal amount of the instrument would be written-down to zero and canceled if the following trigger events were to occur: A) the Group's reported CET1 ratio falls below either 7% or 5%, subject to the terms of the particular instrument; or B) FINMA determines that cancellation of the instrument and other similar contingent capital instruments is necessary, or that the Group requires public sector capital support, in either case to prevent it from becoming insolvent or otherwise failing ("Customary Non-Viability Scenarios") 5 Buffer before CHF 10.5bn of high-trigger AT1 instruments are written-down 9 CREDIT SUISSE#10OpCo debt is senior to CET1, AT1, HoldCo debt and other Gone Concern Capital which amount to CHF 111bn of notional OpCo debt, including structured notes activity SENIORITY CHF 59.8 bn of HoldCo debt and other Gone Concern Capital¹ (including CHF 2.8 bn of HoldCo debt in its last year of maturity)2 CHF 16 bn of AT1 instruments¹ CHF 35.3 bn of CET1 capital As of December 31, 2022 1 The above numbers detail the notional value of the relevant debt instruments which may differ from the present value of the instruments. 2 HoldCo debt with a remaining final maturity of under a year do not qualify as Gone Concern Capital but remain bail-in eligible and junior to OpCo debt (including structured notes activity) 10 CHF 111bn CREDIT SUISSE#11Swiss bail-in regime: build-up of HoldCo debt layer reduces loss given default and supports credit ratings Bail-in hierarchy in Switzerland Deposits¹ (in so far as not privileged) Other claims not excluded from conversion/write-down with the exception of deposits Bail-in bonds Subordinated debt³ without capital adequacy eligibility AT1 and tier 2 instruments Resolution (restructuring by FINMA)2 insofar as not converted/ written-off, prior to restructuring based on terms Loss absorption waterfall Point of non-viability4 Equity capital ↑ CET1/RWA ratio CET 1 < 5% Low-trigger tier 2 capital instruments ≤ 5% CET 1 between 5.125% and 5% Low-trigger AT1 capital instruments ≤ 5.125% CET1 between 7% and 5.125% High-trigger capital instruments ≤7% CET1 > 7% CET1 = Common equity tier 1 AT1 Additional tier 1 PONV RWA = Risk-weighted assets Point of Non-Viability 1 There are no deposits at Credit Suisse Group AG level 2 Single-point-of-entry approach assumed (announced as preferred by FINMA) it structurally or contractually subordinated 4 Trigger of regulatory capital instruments with PONV conversion/write-down at FINMA's discretion 11 3 Be CREDIT SUISSE#12Swiss Resolution Regime Swiss resolution regime ■ All shareholders and capital instruments to be fully eliminated/fully written off, before FINMA has power to force losses into bail-in debt ■ NCWOL principle ■ Strict and complete hierarchy of losses is enforced by law1 ■ Debt-for-equity swap (full or partial) transfers all remaining equity to bail-in debt investors; minimizing their economic loss Credit Suisse Group AG ■ Resolution entity Simple and clean balance sheet ■ Liabilities are structurally subordinated to OpCo (Credit Suisse AG) Business as usual Refill TLAC Early intervention Capital replenishment ➤ Dividend cuts ➤ Bonus reduction AT1 coupon cancellation Post-resolution ➤ Further restructurings Management changes Etc. Recovery Trigger of high- strike /low-strike write-down instruments or Cocos2 Disposals Further options from Recovery Plan Capital Adequacy Ordinance PONV Trigger of regulatory capital instruments with PONV conversion/ write-off feature Resolution (by FINMA) Restructuring ➤ Bail in (as a means of last resort) Financial stability safeguarded Sale or transfer of assets and/or closure of certain business lines Etc. Liquidation/ wind-down (no bail-in powers) Bank Insolvency Ordinance (BIO-FINMA) and the Banking Act NCWOL No creditor worse off than in liquidation 1 Swiss Bank Insolvency Ordinance; FINMA has the possibility but not the requirement to compensate former shareholders 2 Credit Suisse AG (OpCo) has issued tier 2 capital instruments where the principal amount is written off upon certain triggering events, including Credit Suisse Group's CET1 ratio falling below a specified threshold or Customary Non-Viability Scenarios 12 CREDIT SUISSE#13Down-streaming of bail-in bonds senior financing Proceeds¹ ■ Proceeds are down-streamed initially to Credit Suisse AG (as internal notes), unless used for Credit Suisse Group AG's own funding need ■ The internal notes are unsecured debt aligned to the external notes (maturity, interest rate, etc.) ■ Investors have no recourse to this intercompany instrument Hierarchy ■ HoldCo senior notes (external) structurally subordinated to OpCo liabilities ■ Internal notes contractually subordinated to OpCo senior liabilities in both restructuring and liquidation CSG AG = Credit Suisse Group AG CS AG = Credit Suisse AG = HoldCo Holding Company OpCo Operating Company 1 Mere illustration of usual on-lending set-up in the case of an issuance by CSG AG 13 HoldCo senior notes issued from 1.1.2017 onwards Proceeds Credit Suisse Group AG Holding Company HoldCo senior notes (external) Proceeds¹ Investors Internal notes Credit Suisse AG Operating Bank CREDIT SUISSE#14TBTF capital requirements for internationally operating SIBs in Switzerland - grandfathering rules TBTF rules Outstanding regulatory capital instruments as of end 2Q22 Notional Currency (in million) Coupon Maturity First call Tier 2 USD 2,500 6.5% 2023 08/2023 Low-trigger Write-down USD 2,250 7.5% perpetual 12/2023 Qualifies as Going concern until (grandfathering rules) First call or end 2019 (whichever is first) First call Recognized as Gone concern Going/ AT1 USD 2,500 6.25% perpetual 12/2024 (even if beyond 2019) Gone concern USD 2,000 7.5% 07/2023 CHF 200 3.875% 09/2023 SGD 750 5.625% 06/2024 CHF 300 3.5% 09/2024 USD 1,500 7.25% 09/2025 Going concern High-trigger Write-down AT1 CHF 525 USD 1,750 3.0% 6.375% perpetual 11/2025 08/2026 USD 1,500 5.25% 08/20271 USD 1,650 9.75% 12/20271 USD 1,000 5.1% 01/2030 USD 1,500 4.50% 03/20311 TBTF Too Big to Fail SIBS = Systemically important banks AT1 = Additional tier 1 1 At any time during the six-month period prior to the First Reset Date or any Reset Date thereafter Note: In May 2016 the Swiss Federal Council amended the Capital Adequacy Ordinance (CAO) which recalibrates and expands the existing "Too Big to Fail" regime in Switzerland. The amended CAO came into effect on July 1, 2016, subject to phase-in and grandfathering provisions for certain outstanding instruments, and had to be fully applied by January 1, 2020. After January 1, 2020, the low-trigger tier 2 instruments receive gone concern treatment and the Group's gone concern requirement is reduced by a factor of 0.5 for the outstanding amount of these instruments in relation to risk-weighted assets and leverage exposure. In effect, the low-trigger tier 2 instruments receive 1.5x value in the gone concern ratio. The same principle applies after the first call date to low-trigger tier 1 instruments 14 CREDIT SUISSE#15Principal Legal Entities Overview - Credit Suisse Group AG Credit Suisse Group AG Credit Suisse AG Credit Suisse International [CS]² Credit Suisse Securities (Europe) Ltd.³ Credit Suisse (Deutschland) AG JSC "Bank Credit Suisse (Moscow)" Banco de Investimentos Credit Suisse (Brasil) S.A. Credit Suisse Bank (Europe), S.A. Credit Suisse Holdings (USA), Inc. Credit Suisse (USA), Inc. Credit Suisse Securities (USA) LLC Credit Suisse Capital LLC Credit Suisse Management LLC Credit Suisse Securities (Japan) Ltd.³ Credit Suisse (Hong Kong) Ltd. Credit Suisse (Singapore) Ltd. Credit Suisse Securities (Singapore) Pte. Ltd. Credit Suisse Equities (Australia) Ltd.³ Credit Suisse (Luxembourg) S.A. Credit Suisse (Qatar) LLC Credit Suisse (Italy) S.p.A. Credit Suisse (UK) Ltd. Credit Suisse Saudi Arabia Banco Credit Suisse (Mexico), S.A.3 Credit Suisse Asset Management, LLC1 Credit Suisse Asset Management Ltd.³ Credit Suisse Asset Mgmt. Investments Ltd.³ Credit Suisse Fund Management S.A.3 Credit Suisse (Schweiz) AG Bank-now AG Fides Treasury Services AG Swisscard AECS GmbH (66.67%)4 Credit Suisse Entrepreneur Capital AG Cayman Islands Dublin London Milan Toronto New York Investment Bank Wealth Management Asset Management Swiss Bank Region Asia Pacific Hong Kong Mumbai Bahrain DIFC Seoul Shanghai Guernsey Singapore Taipei Securities Sydney Nassau Sucursal en España Luxembourg Tokyo Riyadh Credit Suisse Services AG Chief Technology & Operations Function London Pune Singapore OFC Credit Suisse AG Branches Credit Suisse Services AG Branches Information as of January 1, 2023. This Principal Legal Entities Overview shows information for selected entities and branches only. Note: This chart reflects voting interests only. All entities are 100% owned unless indicated otherwise; DIFC Dubai International Financial Centre 1- Indirectly held by CS (USA), Inc. 2 - CSI: Credit Suisse AG [Bank] directly owns 97.59% of total voting and Credit Suisse Group AG owns 2.41% of total voting 3 - Indirectly held by Credit Suisse AG [Bank] 4-33.33% of total voting held by third party 15 CREDIT SUISSE#16Our loan book is highly collateralized with a majority in Switzerland Group gross loans - 4Q22 Corporate & institutional¹ CHF 115 bn or 43% Consumer2 Provision for credit losses ratio vs. peers4 Provision for credit losses / average net loans, in bps Swiss Bank & Wealth Management PCL ratio each average 8 bps 2018-2021 1% 9% Governments and public institutions CHF 151 bn or 57% Mortgages 40% 23% Financial institutions CHF 266 bn Loans collateralized by securities Consumer finance ■Credit Suisse ■ Peers Commercial and industrial loans 10% 2% 14% 70 Real estate Reported at fair value → 3% Collateralization³ → 89% Switzerland share of Group gross loans – 4Q22 38% CHF 266 bn Switzerland Others 62% 103 144 bps incl. CHF 4.3 bn 43 37 34 Archegos provision 32 11 7 9 (3) (12) 6 2010-2017 avg. 2018 2019 2020 20215 9M225 1 Classified by counterparty type 2 Classified by product type 16 3 Percentage of collateralized loans in relation to gross loans 4 Source: Bloomberg (all numbers in CHF), Company filings as of 9M22. 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 CREDIT SUISSE#17Bank Operating Companies Credit rating peer comparison Moody's Aa2 Aa3 A1 Fitch/S&P AA AA- A+ JPMorgan Chase M F (P-1) (F1+) Bank of America ΜΑ F (P-1) (F1+) UBS BNP Paribas¹ Morgan Stanley Citigroup HSBC ΣΣΣΣ (P-1) (P-1) (P-1) (F1+) F (F1+) F (F1+) F (P-1) Goldman Sachs Barclays Société Générale¹ Deutsche Bank¹ Credit Suisse AG (Bank) UniCredit¹ F M (F1+) (P-1) M (P-1) M (P-1) M (P-1) M (P-1) MISSISSISSISSISSI SISSE A2 A3 A A- Baa1 BBB+ S® F (F1) FIF (F1) S® (F1) ! (A-1) S (A-1) ד! F (F1) S F⚫ (A-2) (F2) M* S F* (P-2) (A-2) (F2) M* (P-2) Baa2 BBB Rating legend M Moody's SS&P F Fitch SA F (A-2) (F2) Source: Rating Agency websites. Up to date as of the date of this presentation. Ratings shown are current non-preferred senior unsecured long-term ratings and short-term issuer ratings (below each symbol) and are subject to change without notice. Latest rating action was on March 10, 2023 • On positive outlook * On negative outlook Note: Ratings shown are for JPMorgan Chase Bank N.A., Bank of America N.A., UBS AG, BNP Paribas S.A., Morgan Stanley Bank N.A., Citibank N.A., HSBC Bank plc, Goldman Sachs Bank USA, Barclays Bank plc, Société Générale SA, Credit Suisse AG, Deutsche Bank AG and UniCredit 1 Refers to senior preferred unsecured long term ratings. 17 CREDIT SUISSE#18Bank Holding Companies Credit rating peer comparison Moody's Aa3 A1 A2 Fitch/S&P/R&I AA- A+ A JPMorgan Chase F M Bank of America F UBS HSBC Morgan Stanley BNP Paribas¹ Goldman Sachs Lloyds Citigroup Société Générale¹ Barclays M FR LL F F M⭑ R Μ 2 M² Ris is is A3 Baa1 Baa2 Baa3 Ba1 BBB+ BBB BBB- BB+ Rating legend M Moody's SS&P F Fitch R R&I ≤ M R SSS LL F M M R RR FL LL F LL F R M ≤ 3 R M SSS R F R LL F Deutsche Bank¹ Credit Suisse Group AG UniCredit¹ ≤ ≤ M M M S Sis F⚫ ட் R* M* F* M* S F SS On positive outlook * On Source: Rating Agency websites. Up to date as of the date of this presentation Ratings shown are current senior unsecured long-term debt ratings and are subject to change without notice. Latest rating action was on March 10, 2023 negative outlook On review for upgrade Ratings are shown for JPMorgan Chase & Co., Bank of America Corp., UBS Group AG, HSBC Holdings plc, Morgan Stanley, BNP Paribas S.A., Goldman Sachs Group Inc., Lloyds Banking Group plc, Citigroup Inc., Société Générale SA, Barclays plc, Deutsche Bank AG, Credit Suisse Group AG and UniCredit 1 Refers to senior non-preferred unsecured long term ratings 2 Unsolicited 18 CREDIT SUISSE#19Additional Tier 1 instruments Credit rating peer comparison Moody's Fitch/S&P JPMorgan Chase Bank of America HSBC BNP Paribas Morgan Stanley Citigroup Goldman Sachs UBS Société Générale Barclays Deutsche Bank UniCredit Credit Suisse Group AG Baa1 Baa2 Baa3 Ba1 Ba2 Ba3 B1 B2 BBB+ BBB BBB- BB+ BB BB- B+ B F M S Rating legend LL F M S F M LL F S FM S Σ FM SS FM S LL F SS FM S FM M LL F Σ S S ட ட F F M Moody's SS&P F Fitch S Source: Rating Agency websites. Up to date as of the date of this presentation. Ratings shown are current ratings of "preferred stocks" for US peers and "additional tier 1 instruments" for EU and Swiss peers and are subject to change without notice. Latest rating action I was on March 10, 2023 Ratings apply to instruments issued by the following legal entities: JPMorgan Chase & Co., Bank of America Corp., HSBC Holdings plc, BNP Paribas SA, Morgan Stanley, Citigroup Inc., Goldman Sachs Group Inc., UBS Group AG, Société Générale SA, Barclays plc, Deutsche Bank AG, Unicredit and Credit Suisse Group AG 19 CREDIT SUISSE#2020 20 Investor Relations CREDIT SUISSE SERVICES AG Paradeplatz 8 | 8001 Zürich | Switzerland Phone +41 44 333 11 11 [email protected] Investor Relations Available on the GET IT ON App Store Google Play CREDIT SUISSE