#14Q22 and Full Year 2022 Results Analyst and Investor Call Ulrich Körner Dixit Joshi February 9, 2023 Chief Executive Officer Chief Financial Officer CREDIT SUISSE#2Disclaimer (1/2) Credit Suisse has not finalized restated historical information according to its new divisional structure and Credit Suisse's independent registered public accounting firm has not reviewed such information. Accordingly, the preliminary information contained in this presentation is subject to completion of ongoing procedures, which may result in changes to that information, and you should not place undue reliance on this preliminary information. 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. Please also refer to our 4022 Earnings Release for additional information. 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. 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 and aspirations 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 business 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. 2 CREDIT SUISSE#3Disclaimer (2/2) Cautionary statements relating to interim financial information This document contains certain unaudited interim financial information for the first quarter of 2023. This information has been derived from management accounts, is preliminary in nature, does not reflect the complete results of the first quarter of 2023 and is subject to change, including as a result of any normal quarterly adjustments in relation to the financial statements for the first quarter of 2023. This information has not been subject to any review by our independent registered public accounting firm. There can be no assurance that the final results for these periods will not differ from these preliminary results, and any such differences could be material. Quarterly financial results for the first quarter of 2023 will be included in our 1Q23 Financial Report. These interim results of operations are not necessarily indicative of the results to be achieved for the remainder of the first quarter of 2023. 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 and tangible book value per share (which are both 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 as well as in the 4Q22 Earnings Release, which is available on our website at www.credit-suisse.com. 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. 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. 3 CREDIT SUISSE#4Disciplined strategic execution with accelerated de-risking and deleveraging ➤ Reported pre-tax loss of CHF 1.3 bn; adjusted pre-tax loss of CHF 1.0 bn 4Q22 Financial Performance in line with guidance CET1 ratio of 14.1% and Tier 1 leverage ratio of 7.7%; successful execution of CHF ~4 bn of capital raises ➤ Board will propose a dividend of CHF 0.05 per share for 2022; subject to AGM approval Strategy execution ahead of schedule Delivered accelerated deleveraging of Non-Core Unit and Securitized Products ➤ Progressed sale of Securitized Products to Apollo1 - on track to complete in 1H23 ➤ Advancing carve out of CS First Boston with acquisition of the investment banking business of M. Klein & Company to strengthen advisory capabilities ➤ Initiated cost actions which represent -80% of targeted CHF -1.2 bn cost base reduction in 2023, with further initiatives underway Clear strategic priorities for 2023 - 2024 ➤ Transform into new Credit Suisse centered around Wealth Management and Swiss Bank - complemented by strong Asset Management and Markets capabilities ➤ Progress towards carve out of an independent CS First Boston ➤ Accelerate deleveraging and de-risking actions in Non-Core Unit ➤ Simplify organization and exit non-core businesses to improve efficiency and reduce costs ➤ Strengthen business momentum in 2023 and beyond 4 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 Refers to the sale of significant part of the Securitized Products Group (SPG) and other related financing businesses to entities and funds managed by affiliates of Apollo Global Management CREDIT SUISSE#55 4Q22 net loss impacted by Investment Bank performance and lower client activity 4Q22 net results analysis in CHF mn Adjustments Adjusted pre-tax income/(loss) Wealth Management Swiss Bank Asset Management Investment Bank (USD mn) (1,259) Corporate Center Group adjusted pre-tax loss Real estate gains Allfunds Restructuring expenses Other adjustments¹ Group reported pre-tax loss (1,315) Income tax expense Net loss attributable to non-controlling interests Net loss attributable to shareholders (1,393) (1,015) (155) 259 (15) 104 191 (77) (352) (62) (82) 4 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 Revaluation losses related to our investment in SIX of CHF 20 mn, major litigation provision of CHF 34 mn and Archegos expenses of CHF 8 mn CREDIT SUISSE#6Strategic transformation into new Credit Suisse is well underway Delivering on strategic priorities Restructure the Investment Bank 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 Strengthen and reallocate capital CREDIT SUISSE Accelerate cost transformation 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 6 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#7Driving strategic change at pace Strategic priorities Progress update since 3Q22 Restructure the Investment Bank ■ Securitized Products: Achieved ~2/3rd of targeted asset reduction since 3Q22, or USD ~35 bn reduction out of USD -55 bn in total ■ Non-Core Unit: Reduced RWA and leverage exposure by USD ~5 bn and USD -15 bn¹, respectively in 4Q22 through proactive deleveraging and de-risking against a quarterly run rate target of USD -2 bn and USD ~8 bn ■ CS First Boston: Completed acquisition of the investment banking business of M. Klein & Company to strengthen advisory capabilities Strengthen and reallocate capital ◉ ■ Completed capital raises of CHF ~4.0 bn, enabling strong CET1 ratio of 14.1% vs. target of at least 13.0% through transformation period² Completed debt issuances of CHF ~10 bn since October 27th, 2022; reduced funding needs over time as a result of the strategic transformation Progressed Securitized Products transaction to deliver further CET1 capital accretion; on track to complete in 1H23 Accelerate cost transformation Initiated cost actions which represent -80% of targeted CHF ~1.2 bn cost base reduction to be achieved in 2023 ➤ Achieved reduction in number of employees of ~4% in 4Q223 ➤ Reduced contractor headcount by ~30%; reduced consultant headcount by ~20% in 4Q22 ➤ Further operational transformation initiatives underway 7 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. Based on RWAs excluding Basel III reforms. Historical information presented according to the new divisional structure is a preliminary estimate based on management accounts and subject to change 1 Excluding the impact from reductions in HQLA allocations 2 From 2023 through 2025 3 FTE reduction includes notified reductions in workforce who were on the payroll as of end of 3Q22 and 4Q22 CREDIT SUISSE#8Substantial progress on deleveraging and de-risking Securitized Products and Non-Core Unit Securitized Products assets in USD bn ~74 ~(35) ~39 Sep 30th, 2022 Asset reduction 1 Feb YTD 2023 Non-Core Unit RWAS Illustrative in USD bn ~5 ~2 2/3rd of targeted reduction in Securitized Products ■ Achieved USD ~35 bn SPG asset reduction since 3Q22, or 2/3rd of targeted reduction ■ First closing of the Apollo deal completed: recognition of full pre-tax gain of USD ~0.8 bn representing CET1 ratio benefit of ~30 bps to be booked in 1Q23; full deal completion expected in 1H232 Transactions to reduce liquidity requirements, RWA, leverage exposure and other risk metrics Non-Core Unit leverage exposure Illustrative in USD bn ~15 ~8 ■ Accelerated de-risking activity and run down resulted in RWA reduction of USD -5 bn and leverage exposure reduction of USD -15 bn in Non-Core Unit in 4Q22 8 4Q22 De-risking activity Target run rate per quarter 4Q22 De-risking activity³ Target run rate per quarter 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. Historical information presented according to the new divisional structure is a preliminary estimate based on management accounts and subject to change 1 Driven by the first tranche of Apollo deal, together with recently completed sales of other portfolio assets to Apollo and other third parties and certain business reductions 2 Subject to regulatory approvals 3 Excluding the impact from reductions in HQLA allocations CREDIT SUISSE#9Transformation to CS First Boston: creating significant value for Credit Suisse shareholders An advisory led partnership model ■ Global independent, capital markets and advisory led business with distinctive capabilities and unique market position ■ History of innovation and market leadership leveraging intellectual capital and years of experience of core teams from First Boston and DLJ ■ Global model headquartered in the US with leadership positions in Europe and Asia and selected Emerging Markets presence ☐ Entrepreneurial talent-centric partnership owned by Credit Suisse, strategic investors, and senior leadership with performance-based compensation model Mutually valuable partnership between Credit Suisse Wealth Management, Swiss Bank and Markets, and CS First Boston Risk-weighted assets In USD bn; illustrative 45-50 21 ~20 Credit Suisse CS First Boston CS First Boston IBCM1 3Q22 ambition Leverage exposure In USD bn; illustrative ~100 Credit Suisse IBCM1 75 <50 CS First Boston CS First Boston 3Q22 ambition Progress to Date Right-sized business model to reduce capital needs and release low-returning capital. ✓ Business model to incorporate leading Private Fund Group to maximize client franchise ✓ Reduced headcount by ~20% in 4Q22 ✓ Defined founding partner equity plan to create "owner" mindset across senior leadership and enabling high- impact recruiting ✓ Announced acquisition of the investment banking business of M. Klein & Company, a leading strategic advisory boutique USD 2.5 bn CS First Boston revenues (illustrative²) 2023-2024 9 1Q23 M. Klein & Company acquisition Business design and scope Readiness for IPO or spin-off by end-2024 (market dependent) 2025 and beyond CS First Boston operates as an independent business while retaining strong relationship with Credit Suisse 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 Based on 2018-21 average 2 Expectation under normalized market conditions CREDIT SUISSE#10CS First Boston's capabilities enhanced by the acquisition of the investment banking business of M. Klein & Company 10 - ◉ ☐ ◉ Strategic Rationale M. Klein & Company¹ is a leading boutique investment bank and has advised on USD 1.5 trn of transactions since its formation in 2010 Trusted, independent advisor and capital markets partner to companies, executives, boards and sovereigns, delivering focused value creation services across the strategy spectrum Advised on some of the largest and most complex transactions over the last decade across M&A, activism and capital markets Integrated leadership teams that have worked together for decades across both advisory and principal investing roles The transaction and relationship adds significant revenue opportunities for Credit Suisse, through M. Klein & Company's ability to leverage Credit Suisse's capital markets and financing capabilities for its preeminent clients, while accelerating the path to establish CS First Boston Financial Impact Purchase price of USD 175 mn, whereby the seller will receive equity in CS First Boston in the form of a convertible note² To create further alignment with Credit Suisse, the seller will also receive a warrant³; the convertible note will convert into, and the warrant entitles the seller to subscribe to, CS First Boston shares Transaction expected to be earnings accretive with single-digit price-to-earnings multiple paid; anticipated CET1 ratio impact will be less than 10 bps Note: Closing subject to regulatory approvals of M. Klein & Company LLC, a leading boutique consideration to be paid by the seller at closing 4 Illustrative Transactions of M. Klein & Company Illustrative Transactions4 Aramco IPO Advisory: USD 1.9 trn market value; USD 29 bn raised Dow Glencore Xstrata Merger: USD 80 bn DuPont Unilever Kraft Heinz Merger: USD 130 bn Hostile Bid Defense: USD 143 bn Barrick Gold Randgold Resources IHS Markit Merger: USD 13 bn Merger: USD 18 bn Public Investment Blackstone Fund5 Group Investment Vehicle: USD 40 bn T. Rowe Price 1 The Klein Group (doing business as M. Klein & Company) is the entity being acquired by Credit Suisse. The Klein Group LLC is the registered broker-dealer business investment bank 2 The principal amount of the convertible note is expected to be USD 100 mn, with the balance being paid in cash dependent on the tax 3 The purchase price of USD 175 mn, together with annual payments on the note and other consideration, have a net present value of approximately USD 210 mn 5 Public Investment Fund of Saudi Arabia Oak Hill Advisors Merger: USD 4 bn CREDIT SUISSE#11Significant progress on cost transformation already achieved in 4Q22 Group cost base targets in CHF bn Excluding impact of SP transaction and other divestments 11 ~ (1.2) ~ (2.5) ~17.0 ~16.5-17.0 16.2 15.8 ~14.5 III 2022 guidance at 4Q21 2022 guidance at 2Q22 FY221 2023 target 2025 target Full-time employees in '000s including notified reductions in workforce¹ 50 49 43 Decisive actions executed in 4Q22 Achieved reduction in number of employees of ~4% in 4Q222 ➤ Reduced contractor headcount by ~30% Reduced consultant headcount by ~20% ➤ Reshaped Investment Bank delivered a -13% headcount reduction 2023 priorities Maintain strong expense discipline and deliver CHF ~1.2 bn cost base reduction, of which actions already initiated represent -80% of 2023 target ➤ Step change reduction in third-party costs including professional services, legal services, and real estate footprint Exit non-core businesses and continue descoping to improve efficiency and reduce costs ➤ Simplify organizational design and structure to achieve headcount saves and reduced complexity ➤ Operational efficiency measures including improved front to back processes and corporate functions aligned to new Credit Suisse footprint 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 Adjusted operating expenses FY22 2 FTE reduction includes notified reductions in workforce who were on the payroll as of end of 3Q22 and 4Q22 CREDIT SUISSE#12Our roadmap to create the new Credit Suisse 4022 Re-shape portfolio, strengthen capital, execute cost reduction 2023-24 Transform into new Credit Suisse and CS First Boston and improve cost efficiency 2025 onwards Deliver sustainable returns and grow core business ➤ Significant deleveraging of CRU ➤Strengthened CET1 ratio of 14.1% ➤ Accelerated cost transformation ➤ Reinvigorate growth of core franchises centered around Wealth Management and Swiss Bank complemented by strong Asset Management and Markets capabilities Carve out an independent CS First Boston Deliver CHF ~1.2 bn cost base reduction by 2023 Deliver simple, more focused and stable new Credit Suisse Deliver CHF ~2.5 bn cost base reduction by 2025 Create sustainable value for shareholders Restore trust with all stakeholders 12 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#13Detailed Financials CREDIT SUISSE#1414 Balance Sheet Profitability PCL/Costs Rev. Group Overview Credit Suisse Group in CHF mn 4Q22 3Q22 4Q21 A 4Q21 2022 2021 A 2021 Net revenues Adjusted net revenues 3,060 3,804 4,582 2,964 3,798 4,384 (33)% (32)% 14,921 15,164 22,544 22,696 (34)% (33)% Provision for credit losses 41 21 (20) Adjusted provision for credit losses 41 21 (15) Operating expenses 4,334 Adjusted operating expenses 3,938 3,869 4,125 6,266 4,071 16 171 (102) (31)% 18,163 19,091 (3)% 16,242 16,047 4,205 (5)% 1% Pre-tax income/(loss) (1,315) (342) (1,664) Adjusted pre-tax income/(loss) (1,015) Income tax expense 82 (92) 3,698 328 n/m n/m (3,258) (600) n/m (1,249) 6,599 n/m 416 4,048 1,026 Net income/(loss) (1,393) (4,034) (2,085) n/m (7,293) (1,650) n/m attributable to shareholders Return on tangible equity+ Cost/income ratio (13.5)% (38.3)% (20.9)% 142% 108% 137% (17.6)% (4.2)% 122% 84% CET1 ratio 14.1% 12.6% 14.4% 14.1% 14.4% Risk-weighted assets in CHF bn 251 274 Leverage exposure in CHF bn 651 837 268 889 (6)% (27)% 251 651 268 889 (6)% (27)% Liquidity coverage ratio¹ 144% 192% 203% Reported pre-tax loss ■ of CHF 1,315 mn driven by losses in the Investment Bank and Wealth Management divisions ■ included CHF 191 mn real estate gains, CHF 77 mn loss related to the disposal of the stake in Allfunds Group plc, CHF 352 mn restructuring expenses and CHF 34 mn major litigation provisions Adjusted net revenues ■ down 32% YoY, driven by reduced client activity across our divisions reflecting substantially lower Sales & Trading revenues impacted by our strategic actions, accelerated deleveraging as well as the industry-wide slowdown in capital markets and advisory in the Investment Bank ■ lower recurring revenues in Wealth Management and Swiss Bank from net assets and deposit outflows Adjusted operating expenses ■ stable YoY; actions already mandated in 4Q22 represent 80% of the CHF ~1.2 bn cost savings target for 2023 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 Calculated using a three-month average, which is calculated on a daily basis CREDIT SUISSE#15Assets under management impacted by idiosyncratic events in October 2022 Wealth Management AuM in CHF bn 635 12 15 540 (93) (15) 3Q22 Market moves NNA FX impact & other¹ 4Q22 Swiss Bank AuM in CHF bn 527 10 (8) ო 526 Group AuM² of CHF 1,294 bn ■ down ~8% vs. 3Q22, driven by net asset outflows and adverse FX impact, partly offset by positive market moves Group net asset outflows of CHF 111 bn ■ 8% of 3Q22 AuM, with ~2/3rd of 4Q22 net asset outflows concentrated in October 2022 Deposit outflows contributed to ~60% of Wealth Management and Swiss Bank net asset outflows ☐ 3Q22 Market moves NNA FX impact & other¹ 4Q22 Asset Management AuM in CHF bn 411 3Q22 10 Market moves (12) 402 (7) NNA FX impact & other¹ 4Q22 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 Structural effects, including certain de-risking measures 2 Includes CHF (175) bn of assets managed across businesses CREDIT SUISSE#16in CHF mn 4Q22 3Q22 4Q21 A 4Q21 2022 2021 A 2021 Net interest income 416 615 502 Recurring commissions and fees 360 382 432 Transaction-based 331 357 413 Adjusted net revenues 1,107 1,355 1,345 (17)% 2,103 (17)% 1,570 1,813 (13)% (20)% 1,744 2,481 (30)% (18)% 5,412 6,400 (15)% Adjusted provision for credit losses (11) 7 (7) 9 Adjusted total operating expenses 1,273 1,270 1,214 5% 5,154 Adjusted pre-tax income (155) 78 138 n/m 249 Reported pre-tax income Adjusted RoRC+ (199) 21 157 n/m (631) (6)% 3% 4% 2% Reported RoRC+ (7)% 1% 5% (5)% Adjusted cost/income ratio 115% 94% 90% 95% Adjusted net margin in bps (11) 5 7 (18) 4 Balance Sheet AuM Assets under management in CHF bn 540 635 743 (27)% 540 Wealth Management 4Q22 pre-tax loss driven by lower revenues, mainly reflecting client asset outflows, and higher costs Profitability PCL/ Costs Revenues Adjusted net revenues down 18% vs. 4Q21 ■ Net interest income down 17%, mainly reflecting lower deposit and loan volumes and higher funding costs, partly offset by higher deposit margins Recurring commissions and fees decline 17% reflecting lower average AuM ◉ ■ Transaction-based revenues down 20% due to subdued client activity and mark-to-market losses in APAC Financing of CHF 31 mn¹ Adjusted operating expenses up 5% vs. 4Q21 mainly due to higher general and administrative expenses reflecting higher allocated corporate function costs; actions undertaken in 4Q22 to reduce costs into 2023 Adjusted pre-tax loss of CHF 155 mn Reported pre-tax loss of CHF 199 mn included a real estate sale gain of CHF 122 mn, a loss related to the equity investments in Allfunds Group and SIX Group of CHF 77 mn and 10 mn, respectively, and restructuring expenses of CHF 73 mn 2,110 4,616 12% 1,784 (86)% 2,307 n/m 14% 18% 72% 24 (20) 743 (27)% Net new assets in CHF bn (92.7) (6.4) (2.9) (95.7) 10.5 Net loans in CHF bn 78 89 103 (24)% 78 Risk-weighted assets in CHF bn 55 63 60 (9)% 55 Leverage exposure in CHF bn 179 231 233 (23)% 179 103 60 233 (24)% Net assets outflows of CHF 92.7 bn (9)% (23)% ~2/3rd of 4Q22 net asset outflows in October, with ~60% of NNA outflows in the quarter driven by deposit outflows RMs Number of relationship managers 1,790 1,880 1,890 (5)% 1,790 1,890 (5)% 16 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 4Q22 mark-to-market losses of CHF 31 mn (net of CHF (17) mn of hedges); 4Q21 included mark-to-market losses of CHF (0) mn (including CHF 9 mn of hedges) CREDIT SUISSE#17Swiss Bank Resilient 4Q22 negatively impacted by normalizing provisions and compensation expenses Profitability PCL/ Costs Revenues Balance Sheet AuM RMs 17 Adjusted RoRC+ Adjusted net revenues down 10% vs. 4Q21 ■ Net interest income down 11%; higher deposit income offset by decreased income from loans and lower SNB threshold benefits from the SNB increase of interest rates; 4Q22 net interest income stable sequentially Recurring commissions and fees decline 10% reflecting lower average AuM ■ Transaction-based revenues down 18% driven by equity investments²; excluding those, transaction-based revenues down 8% due to lower client activity Adjusted operating expenses up 6% vs. 4Q21 driven by increased compensation expenses mainly reflecting higher deferral of compensation in 4Q21; 2022 full-year compensation expenses stable compared to 2021 in CHF mn 4Q22 3Q22 4Q21 A 4Q21 2022 2021 A 2021 Net interest income 523 525 587 Recurring commissions and fees 300 323 332 (10)% Transaction-based 113 121 138 (18)% (11)% 2,219 1,293 508 561 Adjusted net revenues¹ 931 956 1,039 (10)% 3,956 2,345 (5)% 1,302 (1)% (9)% 4,138 (4)% Adjusted provision for credit 28 21 (4) 90 4 losses Adjusted total operating expenses 644 552 605 6% 2,437 2,379 2% Adjusted pre-tax income 259 383 438 (41)% 1,429 1,755 (19)% Reported pre-tax income 289 383 607 (52)% 1,545 1,918 (19)% 8% 12% 13% 11% 13% Reported RoRC+ 9% 12% 18% 12% 14% Adjusted cost/income ratio 69% 58% 58% 62% 57% Adjusted net margin in bps 20 28 30 (10) 26 30 (4) Assets under management in CHF bn 526 527 598 (12)% 526 598 (12)% Net new assets in CHF bn (8.3) (1.5) 1.0 (5.4) 5.9 Net loans in CHF bn 158 161 161 (2)% 158 161 (2)% Risk-weighted assets in CHF bn 69 71 69 Leverage exposure in CHF bn 220 240 248 (11)% 69 220 Number of relationship managers 1,670 1,660 1,630 2% 1,670 ■ Lower assets under management mainly driven by declining markets ■ NNA of CHF (8.3) bn driven by outflows in private clients 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 (5) mn in 4Q22, CHF (13) mn in 3Q22, CHF (18) mn in 4Q21, CHF (64) mn in 2022 and CHF (70) mn in 2021 2 Gain/(loss) on equity investments of CHF (8) mn in 4Q22 and CHF 6 mn in 4Q21 CREDIT SUISSE 69 248 (11)% Assets under management down 12% YoY 1,630 2% Adjusted pre-tax income down 41% vs. 4Q21 reflecting lower net revenues, higher operating expenses and normalizing provision for credit losses at 7 bps of our net loans#18Asset Management Pre-tax income and NNA negatively affected by the challenging macro environment Profitability PCL/ Costs Revenues Balance sheet AuM in CHF mn Management fees 23% Adjusted net revenues down 28% vs. 4Q21 due to lower performance, transactions & placement revenues, reflecting substantially reduced placement fees and investment related losses, and lower management fees, primarily driven by a 16% decline in AuM Adjusted operating expenses down 3% vs. 4Q21 primarily driven by lower expenses related to the supply chain finance funds matter and reduced commission expenses partly offset by higher compensation and benefits 4Q22 3Q22 4Q21 A 4Q21 2022 2021 A 2021 231 250 286 (19)% 1,011 1,137 (11)% Perf., transaction & placement rev. 30 33 94 (68)% 114 Investment and partnership income¹ 25 53 19 32% 177 340 144 (66)% Adjusted net revenues 286 346 399 (28)% 1,302 1,621 (20)% Adjusted provision for credit (1) (2) 2 losses Adjusted total operating expenses 300 243 308 (3)% 1,129 1,142 (1)% Adjusted pre-tax income (15) 104 93 n/m 171 479 (64)% Reported pre-tax income (27) 90 93 n/m 146 362 (60)% (7)% 49% 45% 20% 52% Reported RoRC+ (13)% 43% 45% 17% 39% Adjusted cost/income ratio 105% 70% 77% 87% 70% Assets under management in CHF bn Net new assets in CHF bn 402 411 477 (16)% 402 477 (16)% (11.7) (4.2) 4.7 (22.6) 14.6 or CHF 74 bn, of which CHF 50 bn is due to market and FX effects Net asset outflows of CHF 11.7 bn Risk-weighted assets in CHF bn 8 6 8 (1)% 8 8 (1)% Leverage exposure in CHF bn 2 3 3 (9)% 2 3 (9)% across traditional investments, in particular multi-asset, index solutions and fixed income, alternative investments, in particular credit, and investments and partnerships Adjusted RoRC+ Pre-tax loss of CHF 15 mn mainly reflecting declining net revenue levels AuM down 16% YoY 18 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 real estate gains of CHF 2 mn in 2022, impairment on York Capital Management of CHF 10 mn in 2022 and CHF 113 mn in 2021 CREDIT SUISSE#19Investment Bank Pre-tax loss driven by impact of strategic actions and continued challenging market conditions PCL/ Costs Revenues Balance sheet Profitability 19 Capital markets in USD mn 4Q22 3Q22 4Q21 A 4Q21 2022 2021 A 2021 Fixed income sales & trading 81 558 504 (84)% 2,063 3,861 (47)% Equity sales & trading 15 248 403 (96)% 1,150 200 99 585 (66)% 803 Advisory and other fees 175 232 331 (47)% 818 3,923 1,106 (26)% 1,959 (41)% (80)% Other¹ (6) (1) (3) n/m (63) 505 Adjusted net revenues 465 1,136 1,820 (74)% 4,771 11,354 n/m (58)% Adjusted provision for credit losses 24 (6) (3) 73 (109) Adjusted total operating expenses 1,700 1,782 2,007 (15)% 7,512 7,948 (5)% Adjusted pre-tax income/(loss) Reported pre-tax income/(loss) Adjusted RoRC+ (1,259) (640) (184) (1,524) (691) (2,174) n/m n/m (2,814) 3,515 n/m (3,246) (3,672) n/m (33)% (15)% (4)% (16)% 17% Reported RoRC+ (40)% (16)% (45)% (19)% (18)% Adjusted cost/income ratio 366% 157% 110% 157% 70% Risk-weighted assets in USD bn 80 84 92 (13)% 80 92 (13)% Leverage exposure in USD bn 229 324 380 (40)% 229 380 (40)% Adjusted net revenues down 74% compared vs. 4Q21 " Capital Market and Advisory revenues down 59% vs. 4Q21 in line with reduced Street-wide fees down 59% across products Sales & Trading revenues down 89% vs. 4Q21 driven by lower client activity, sale of Securitized Products and impact of accelerating our restructuring Fixed Income revenues declined 84% as we significantly de- risked our Global Credit Products business partially offset by continued strength in Macro Equities revenues declined 96% driven by the impact of strategic actions, reduced client activity and less favorable market conditions on Equity Derivatives performance as well as the exit of Prime Services on Cash Equities Adjusted operating expenses down 15% vs. 4Q21 due to reduced compensation and benefits Adjusted 4Q22 pre-tax loss of USD 1,259 mn primarily driven by significantly lower client activity exacerbated by the impact of our strategic actions; reported pre-tax loss of USD 1,524 mn includes restructuring expenses of USD 214 mn and major litigation expenses of USD 43 mn Significantly reduced capital usage Risk-weighted assets down 13%; leverage exposure down 40% driven by lower HQLA and business reductions 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 Other revenues include treasury funding costs and changes in the carrying value of certain investments CREDIT SUISSE#20CET1 ratio of 14.1% CET1 ratio development in bps 147 bps 12.6% (53) bps 80 bps 14.1% (24) bps 3Q22 Capital raises1 Net loss Business RWA Other movements 2 4Q22 34.4 Risk-weighted assets in CHF bn 20 20 274 (15) CET1 capital in CHF bn 35.3 251 (10) 3 3Q22 Business impact Model and parameter updates FX impact 4Q22 CET1 ratio up ~150 bps to 14.1% ■ CET1 ratio improved by 147 bps from the capital raises of CHF 4.0 bn ■ Negatively impacted by (53) bps from our net loss of CHF 1.4 bn, offset by RWA reductions of 80 bps ■ Other movements of (24) bps include FX impacts of (9) bps and model and parameter updates of (8) bps RWA down CHF 23 bn QoQ ■ Decline mainly related to deleveraging in the Investment Bank of CHF ~5 bn, Wealth Management and Swiss Bank of CHF ~9 bn Parent CET1 ratio up ~250 bps to 12.2% ■ Parent CET1 ratio improved by ~140 bps from the capital raises of CHF ~4.0 bn, ~70 bps from RWA reductions and ~50 bps from FX movements 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 Bps impact calculated based on the net proceeds 2 Includes FX impact from Sep 22 to Dec 22 CREDIT SUISSE FX rates and FX hedging costs, impact from internal and external model and parameter updates, other CET1 regulatory adjustments, quarterly dividend accrual, pension and share-based compensation 3 FX impact from Sep 22 to Dec 22 FX rates#21Tier 1 leverage ratio of 7.7% Tier 1 leverage ratio development in bps 59 bps 7.7% 102 bps 47 bps (21) bps 6.0% (17) bps 3Q22 Capital raises¹ Net loss HQLA Business impact Other movements² 4Q22 50.1 Leverage exposure in CHF bn 837 Tier 1 capital in CHF bn 651 (118) (54) (14) 3Q22 HQLA Business impact FX impact³ 4Q22 50.0 Tier 1 leverage ratio up to 7.7% ■ Tier 1 leverage ratio improved by 47 bps from the capital raises of CHF ~4.0 bn ■ HQLA impact from deposit outflows and business deleveraging increased the Tier 1 leverage ratio by 102 bps and 59 bps respectively, offset by (17) bps impact from our net loss of CHF 1.4 bn Leverage exposure down CHF 186 bn ■ Driven by HQLA impact from deposit outflows and business reductions notably in the Investment Bank Deleveraging focused on Securitized Products and Non-Core Unit • 21 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 Bps impact calculated based on the net proceeds 2 Includes FX impact from Sep 22 to Dec 22 FX rates and FX hedging costs, other CET1 and AT1 regulatory adjustments, quarterly dividend accrual, pension and share-based compensation 3 FX impact from Sep 22 to Dec 22 FX rates CREDIT SUISSE#22Successful start to NCU's de-risking process 22 Risk-weighted asset progression Illustrative in USD bn 35 Operational Risk 6 ~25 6 ~20 ~17 6 6 4Q22 Highlights De-risking activity, run down and market moves resulted in estimated: ■ RWA reduction of USD ~5 bn Leverage exposure reduction of USD -15 bn¹ Liquidity generation of USD ~10 bn ☐ 3Q22 2023 2024 2025 Target Leverage exposure progression Illustrative in USD bn 132 ~92 ~71 ~61 3Q22 2023 2024 2025 Target 2023 Capital Release Unit established on January 1, 2023 ■ Accelerated de-risking program underway to release capital and liquidity whilst targeting cost reductions 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. Historical information presented according to the new divisional structure is a preliminary estimate based CREDIT SUISSE on management accounts and subject to change 1 Excluding the impact from reductions in HQLA allocations#23Decisive actions have rebuilt liquidity coverage ratio from lower levels in the quarter 23 Liquidity coverage ratio¹ average in % 192 144 Lower spot rates 3Q22 Earlier part of 4Q22 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 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 Calculated using a three-month average, which is calculated on a daily basis 2 Reflects long-term and short-term funding during 4Q22 CREDIT SUISSE#24Deleveraging to significantly reduce funding needs Long-term debt capital markets issuance and redemption¹ volumes in CHF bn Liquidity instruments² TLAC-eligible instruments³ 25 Covered bonds Senior bonds (OpCo) Senior bonds (HoldCo) Capital instruments (AT1) Liquidity instruments 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 nearly half of 2023 OpCo issuance plan and ~25% of overall funding plan in January 22 20 20 17 up to ~17 8 ~2 ☐ 11 -9 o/w 4 bn issued 9 ~2 4 up to -4 Issuance Redemption Issuance Redemption Full-year issuance plan4 Full-year Redemption 2021 2022 2023 Net issuance: CHF 9 bn CHF 8 bn CHF ~(5) bn 24 1 Issuance excludes contingent capital awards. Maturities and expected redemptions as of respective year-end FX rates. Figures for 2022 redemptions are based on December 31, 2021 FX rates, while 2023 onwards redemptions are based on September 30, 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 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 5 Need partly driven by new TBTF Liquidity rules to come into effect Jan 1, 2024 CREDIT SUISSE#25CHF ~0.9 bn additional group revenues by 2025 from higher forward rate expectations Sensitivity of Group revenues to interest rates¹ Revenue impact from realization of forward rates² pre-funding cost CHF USD EUR CHF ~0.9 bn CHF ~0.6 bn CHF ~0.2 bn 2023 vs. 2022 2024 vs. 2022 2025 vs. 2022 CHF yield curve has shifted higher since end-3Q22 5% ~5 bps USD (Dec-22) 4% USD (Sep-22) ~(5) bps 3% 2% ~40 bps ~60 bps 1% CHF (Dec-22) CHF (Sep-22) 1Y 2Y 3Y 5Y 7Y 10Y 20Y 30Y Key messages ■ Cumulative group revenues sensitivity of CHF ~0.9 bn by 2025 vs. 2022 benefitting from forward rate expectations ■ This incorporates impact of deposit outflows in 4Q22; ~85% of group deposit outflows in the quarter concentrated in October and November ■ We expect higher funding costs³ in 2023 vs. 2022 of CHF -0.5 bn Funding costs expected to reduce from 2025 25 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 Based on static balance sheet as of end-December 2 From realization of CHF, USD and EUR forward rates; as of December 31, 2022 3 Includes Treasury-related cost of capital instruments, long-term funding and HQLA; at average 2022 USD/CHF FX rate of 0.9541 CREDIT SUISSE#26Significant progress on our CHF ~2.5 bn cost transformation Group cost base in CHF bn Excluding impact of SP transaction and other divestments Full time employees¹ in '000s ~ (1.2) ~ (2.5) ~17.0 ~16.5-17.0 ↓ 16.2 15.8 ~14.5 2022 guidance at 4Q21 52 52 50 60 49 incl. notified reductions in workforce4 ~(17)% ↓ 43 Group cost update ■ 2022 adjusted operating expenses of CHF 16.2 bn below the previous guidance of ~16.5-17.0 bn ■ Actions already initiated in 4Q22 are expected to represent 80% of targeted CHF ~1.2 bn cost base reduction to be achieved in 2023 ■ Full time employee reduction of ~4% in 4Q224 ■ Estimated restructuring expenses for 2023 of CHF 1.6 bn and 2024 of CHF 1.0 bn unchanged¹ 2022 guidance at 2Q22 FY222 2023 Target 2025 Target 9M22 FY22 Restructuring expenses in CHF bn 4Q22 0.4 2023 1.6 2024 1.0 2025 Target³ 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 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 today. Actual results may differ 2 Adjusted operating expenses for FY22 3 On a constant perimeter basis 26 4 FTE reduction includes notified reductions in workforce who were on the payroll as of end of 3Q22 and 4Q22 CREDIT SUISSE#27Group financial targets reaffirmed Cost base in CHF bn CET1 ratio² Return on tangible equity* 2025 15.8 in 2023 >13.5% in 2025 Core: >8% ~14.5 in 2025 At least 13% through transformation³ Group: ~6% 27 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. and on constant perimeter, before impact of Securitized Products transaction and other divestments 1 Our cost base target is measured using adjusted operating expenses at constant 2022 FX rates 2 Pre-Basel III reforms 3 From 2023 to 2025 CREDIT SUISSE#28Appendix CREDIT SUISSE#29Corporate Center Balance Sheet Profit- PCL/ ability Costs Revenues 29 29 Corporate Center in CHF mn ARU within Corporate Center 4Q22 3Q22 4Q21 2022 2021 in CHF mn 4Q22 3Q22 4Q21 2022 2021 Treasury results 212 (7) (130) (204) (174) Rev. Net revenues (5) (1) 17 55 (93) Asset Resolution Unit (5) (1) 17 55 (93) Other¹ (21) 43 48 106 274 Adjusted net revenues 186 35 (65) (43) 7 PCL/ Costs Provision for credit losses 1 (1) (1) 1 Total operating expenses 25 28 27 112 136 Provision for credit losses (1) (8) Adjusted total operating expenses Adjusted pre-tax income/(loss) Reported pre-tax income/(loss) 88 82 76 107 357 651 Prof. Pre-tax income/(loss) (31) (28) (10) (56) (230) 104 (41) (172) (399) (636) 88 80 (170) (533) (1,202) (1,714) Balance Sheet Risk-weighted assets in USD bn LO 5 6 8 5 8 Leverage exposure in USD bn 13 14 18 13 18 Total assets in CHF bn 34 41 55 34 55 Risk-weighted assets in CHF bn 44 48 46 o/w OpRisk in CHF bn 32 34 Leverage exposure in CHF bn 37 45 58 སྐྱ8 ཆེ 44 46 26 32 26 37 58 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 CREDIT SUISSE#30We have a strong capital and liquidity position 4Q22 CET1 ratio - Peers¹ 15.3% 14.4% 14.2% 14.1% 13.6% 13.5% 13.4% 13.4% 13.2% 12.3% 12.1% 11.2% Credit Suisse 4Q22 Tier 1 leverage ratio - Peers³ 7.7% 30 30 Credit Suisse !! 5.9% 5.8% 5.8% 5.7% 5.6% 5.5% 5.4% 5.0% 4.6% 4.4% 4.4% 4Q22 Liquidity coverage ratio - Peers² 164% 156% 145% 144% 142% 136% + Credit Suisse 133% 129% 124% 123% 118% 112% Source: Company filings as of 4Q22 * As of 3Q22 Note: Peers include Bank of America, Barclays, BNP, Citigroup, Deutsche Bank, Goldman Sachs, HSBC, JP Morgan, Morgan Stanley, Société Générale and UBS 1 US peers reflect lower of standardized or advanced CET1 ratio 2 Bank of America, Citigroup, Credit Suisse, Goldman Sachs, JP Morgan, Morgan Stanley and UBS are based on 3-month average daily balance, the rest are based on average of trailing 12 month-end observations 3 Supplementary Leverage Ratio for US peers CREDIT SUISSE#31Capital exceeding regulatory requirements Total loss-absorbing capacity as of end-4Q22, in CHF bn Gone concern capital 99.1 49.1 AT1 14.7 39.5% 19.6% 25.1% 10.5% 5.8% Going 4.3% concern Pillar 2 add-on² capital Other going capital³ Swiss CET1 35.3 Capital ratio 14.1% 9.3% Credit Suisse 8.8% 15.2% 7.6% 3.8% 2.2% 1.5% 2025 target5 Pillar 2 add-on² >13.5% pre-B3R Throughout strategic transformation at least 13.0% Swiss capital requirements Credit Suisse Leverage ratio 5.4% 3.3%¹ Swiss leverage Credit Suisse requirements 31 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#32Our loan book is highly collateralized with a majority in Switzerland Group gross loans - 4Q22 Corporate & institutional¹ CHF 115 bn or 43% Governments and 1% 9% Consumer2 CHF 151 bn or 57% Mortgages 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 public institutions 40% 23% Financial institutions CHF 266 bn Loans collateralized by securities Consumer finance ■Credit Suisse Peers Commercial and industrial loans 10% 2% 70 14% Real estate Reported at fair value → 3% Collateralization³ → 89% Switzerland share of Group gross loans – 4Q22 38% Switzerland CHF 266 bn Others 62% 103 144 bps incl. CHF 4.3 bn 43 37 34 Archegos provision 32 7 9 11 (3) (12) 6 2010-2017 avg. 2018 2019 2020 20215 9M225 1 Classified by counterparty type 2 Classified by product type 32 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#33Oil & Gas / Leveraged Finance exposure 33 Oil & Gas exposure¹ in USD bn Leveraged Finance exposure² in USD bn 4.4 4.5 4.2 3.9 7.4 3.7 6.7 1.9 1.8 5.9 1.9 Non-IG Non-IG 1.8 Non-IG Non-IG 1.7 Non-IG 3.6 3.4 2.5 2.7 2.3 2.1 1.9 IG IG IG IG IG 4Q21 1Q22 2Q22 3Q22 4Q22 4Q21 1Q22 2Q22 3Q22 4Q22 1 Oil & Gas net lending exposure in Corporate Bank 2 Represents non-Investment Grade underwriting exposure CREDIT SUISSE#34TBVPS impacted by rights issue and net loss in the quarter 34 Tangible book value per share (TBVPS)* in CHF 15.22 (0.54) (3.98) (0.66) 10.60 0.44 0.12 3Q22 Net income attr. to shareholders Rights issue FX Own credit¹ Other 2 4Q22 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 cash flow hedges, pension and other tangible book value movements presentation and other information relating to non-GAAP financial measures, including reconciliations 1 Reflects movements in interest rates curves and tax expenses 2 Includes shareplan settlements, CREDIT SUISSE#35Wealth Management Adjusted net revenues in CHF mn Adjusted cost/income ratio Assets under Management in CHF bn 1,506 115% 1,444 743 1,345 1,355 707 662 90% 93% 94% 635 1,107 84% 540 4Q21 1Q22 2Q22 3Q22 4Q22 4Q21 1Q22 2Q22 3Q22 4Q22 4Q21 1Q22 2Q22 3Q22 4Q22 Adjusted pre-tax income in CHF mn Adjusted return on regulatory capital+ Adjusted net margin in bps 212 7% 12 138 114 4% 4% 7 7 78 3% LO 5 (155) (6)% 4Q21 1Q22 2Q22 3Q22 4Q22 4Q21 1Q22 2Q22 3Q22 4Q22 4Q21 1Q22 2Q22 3Q22 (11) 4Q22 35 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#36Swiss Bank Adjusted net revenues in CHF mn 1,047 1,039 1,022 956 931 Adjusted cost/income ratio Assets under Management in CHF bn 69% 598 583 58% 60% 60% 58% 545 527 526 4Q21 1Q22 2Q22 3Q22 4Q22 4Q21 1Q22 2Q22 3Q22 4Q22 4Q21 1Q22 2Q22 3Q22 4Q22 Adjusted pre-tax income in CHF mn 438 402 385 383 259 Adjusted return on regulatory capital+ Adjusted net margin in bps 13% 12% 12% 12% 8% 30 28 28 26 20 4Q21 1Q22 2Q22 3Q22 4Q22 4Q21 1Q22 2Q22 3Q22 4Q22 4Q21 1Q22 2Q22 3Q22 4Q22 36 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#37Asset Management Adjusted net revenues in CHF mn Adjusted cost/income ratio 399 359 86% 89% 346 311 77% 70% 286 Assets under Management in CHF bn 105% 477 462 427 411 402 4Q21 1Q22 2Q22 3Q22 4Q22 4Q21 1Q22 2Q22 3Q22 4Q22 4Q21 1Q22 2Q22 3Q22 4Q22 Adjusted pre-tax income in CHF mn 93 51 31 104 (15) Adjusted return on regulatory capital+ Net new assets in CHF bn 49% 45% 25% 15% (7)% 5 (1) (4) (6) 4Q21 1Q22 2Q22 3Q22 4Q22 4Q21 1Q22 2Q22 3Q22 4Q22 4Q21 1Q22 2Q22 3Q22 (12) 4Q22 37 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#38Investment Bank 38 Adjusted Fixed Income Adjusted Equity Adjusted pre-tax income in USD mn sales & trading in USD mn sales & trading¹ in USD mn 504 802 622 558 526 403 342 248 (55) (184) (640) (860) 81 15 (1,259) 4Q21 1Q22 2Q22 3Q22 4Q22 4Q21 1Q22 2Q22 3Q22 4Q22 4Q21 1Q22 2Q22 3Q22 4Q22 Adjusted Capital markets in USD mn Adjusted Advisory and other fees in USD mn Adjusted return on regulatory capital+ 585 466 331 232 221 (1)% 190 (4)% 175 I... In (15)% (19)% 200 99 38 4Q21 1Q22 2Q22 3Q22 4Q22 4Q21 1Q22 2Q22 3Q22 4Q22 4Q21 1Q22 2Q22 3Q22 (33)% 4Q22 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 19 mn Archegos impact in 1Q22 CREDIT SUISSE#39Net and gross margins Wealth Management 12 7 7 5 Adjusted net margin in bps 30 80 Swiss Bank 26 26 28 28 20 20 (11) 4Q21 1Q22 2Q22 3Q22 4Q22 4Q21 1Q22 2Q22 3Q22 4Q22 83 83 82 71 76 70 70 74 70 70 Adjusted gross margin in bps 4Q21 1Q22 2Q22 3Q22 4Q22 4Q21 1Q22 2Q22 3Q22 4Q22 Adjusted net revenues in CHF mn 1,345 1,506 1,444 1,355 1,107 1,039 1,022 1,047 956 931 Adjusted pre-tax income in CHF mn 138 212 114 78 (155) 438 385 402 383 259 Average AuM in CHF bn 755 724 694 657 583 593 588 569 546 531 39 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#40Currency mix & Group capital metrics Adjusted Credit Suisse Group results Net revenues Group Total expenses¹ 4Q22 LTM Contribution in CHF mn CHF USD EUR GBP Other 15,164 36% 35% 13% 4% 12% 16,413 32% 34% 5% 10% 19% Sensitivity analysis on Group results² Applying a +/- 10% movement on the average FX rates for 4Q22 LTM, the sensitivities are: ■ USD/CHF impact on 4Q22 LTM pre-tax income by CHF (16) 16 mn EUR/CHF impact on 4Q22 LTM pre-tax income by CHF +110 (110) mn Currency mix capital metric³ Net revenues 5,412 14% 50% 17% 4% 15% Wealth Management Total expenses¹ 5,163 35% 20% 7% 7% 31% 12% Net revenues 4,537 8% 50% 16% 8% 18% 6% Investment Bank 7% Total expenses¹ 7,236 11% 8% 53% 5% 15% 19% 7% 7% Net revenues 3,956 92% 1% 5% 1% 1% Swiss Bank Total expenses¹ 2,527 92% 3% 2% 1% 2% Asset Management Net revenues Total expenses¹ 1,302 49% 38% 9% 1% 3% 1,131 39% 40% 6% 10% 5% CHF 65% 66% 21% 43% 21% 35% USD CET1 capital 4 Basel III Risk-weighted assets Swiss leverage exposure USD CHF EUR Other A 10% strengthening / weakening of the USD (vs. CHF) would have a (1.5) bps / 1.7 bps impact on the BIS CET1 ratio 40 1 Total expenses include provisions for credit losses 2 Sensitivity analysis based on adjusted numbers and on weighted average exchange rates of USD/CHF of 0.95 and EUR/CHF of 1.00 for 4Q22 LTM results 3 Data based on Dec 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) CREDIT SUISSE#41Results 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 4Q22 3Q22 Net revenues Real estate (gains)/losses 3,060 3,804 2Q22 3,645 1Q22 4Q21 2022 4,412 4,582 14,921 2021 22,696 Wealth Management in CHF mn 4Q22 3Q22 Net revenues 1,144 1,365 2Q22 1,266 1Q22 4Q21 2022 2021 1,177 1,377 4,952 7,031 (191) (13) (164) (224) (368) (232) Real estate (gains)/losses (122) (25) (19) (147) (19) Impairment on York Capital Management Archegos Adjusted net revenues (Gains)/losses on business sales Valuation adjustment related to major litigation (Gain)/loss on equity investment in Allfunds Group 75 (10) 168 353 (Gain)/loss on equity investment in SIX Group AG 20 19 (5) Gain on equity investment in Pfandbriefbank (6) 10 1 3 (13) 4 29 (Gains)/losses on business sales 1 3 (17) 4 24 69 Major litigation recovery (49) (31) 586 (622) Gain related to InvestLab transfer R 70 34 70 (Gain)/loss on equity investment in Allfunds Group 75 (10) 168 353 (31) 586 (622) (6) - (Gain)/loss on equity investment in SIX Group AG 10 9 (2) 35 17 35 10 113 Adjusted net revenues 1,107 1,355 1,444 1,506 1,345 5,412 6,400 (17) (17) 470 Provision for credit losses (11) 7 (11) 24 (7) 9 0 Provision for credit losses 2,964 3,798 41 3,820 4,582 4,384 15,164 22,544 Total operating expenses 1,354 1,337 1,373 1,510 1,227 5,574 4,724 221 64 (110) (20) 16 4,205 Restructuring expenses (73) (11) (15) (10) (7) (109) (19) Archegos 155 5 155 (4,307) Major litigation provisions (6) (54) (16) (230) (3) (306) (62) Adjusted provision for credit losses 41 21 64 45 (15) 171 (102) Expenses related to real estate disposals (2) (1) (3) (3) (7) Total operating expenses 4,334 4,125 4,754 4,950 6,266 18,163 19,091 Expenses related to equity investment in Allfunds Group (2) (2) (20) Goodwill impairment (23) (1,623) Restructuring expenses (352) (55) (80) (46) (33) (23) (533) (1,623) Adjusted total operating expenses 1,273 1,270 1,341 1,270 1,214 5,154 4,616 (103) Income/(loss) before taxes (199) 21 (96) (357) 157 (631) 2,307 Major litigation provisions (34) (178) (434) (653) (514) (1,299) (1,221) Adjusted income/(loss) before taxes (155) 78 114 212 138 249 1,784 Expenses related to real estate disposals (15) (6) (3) (11) (24) (56) Expenses related to equity investment in Allfunds Group (2) (2) (20) Swiss Bank in CHF mn 4Q22 3Q22 2Q22 1Q22 4Q21 2022 2021 Archegos (8) (8) (13) (11) (14) (40) (21) Net revenues 972 962 1,050 1,109 1,209 4,093 4,316 Adjusted total operating expenses 3,938 3,869 4,198 4,237 4,071 16,242 16,047 Real estate (gains)/losses (51) Income/(loss) before taxes (1,315) (342) (1,173) Adjusted income/(loss) before taxes (1,015) (92) (442) (428) 300 (1,664) (3,258) (600) (Gain)/loss on equity investment in SIX Group AG 10 223 (13) (84) (205) (148) (213) 10 (3) 35 17 35 328 (1,249) 6,599 Gain on equity investment in Pfandbriefbank (6) (6) Adjusted net revenues 931 956 1,047 1,022 1,039 3,956 4,138 Provision for credit losses 28 21 18 23 (4) 90 4 Total operating expenses 655 558 630 615 606 2,458 2,394 Restructuring expenses (11) (6) (3) (1) (1) (21) (11) Expenses related to real estate disposals (4) Adjusted total operating expenses 644 552 627 614 605 2,437 2,379 Income/(loss) before taxes 289 383 402 471 607 1,545 1,918 Adjusted income/(loss) before taxes 259 383 402 385 438 1,429 1,755 41 CREDIT SUISSE#42Results 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 4Q22 3Q22 2Q22 Net revenues Real estate (gains)/losses (Gains)/losses on business sales Gain related to InvestLab transfer 286 336 311 1Q22 361 4Q21 399 2022 1,294 2021 1,508 Investment Bank in USD mn Net revenues 4Q22 465 3Q22 2Q22 1Q22 4Q21 2022 2021 1,136 1,150 2,096 1,820 4,847 10,836 (2) (2) Real estate (gains)/losses Archegos . (57) (57) (19) (19) 518 Adjusted net revenues 465 1,136 1,150 2,020 1,820 4,771 11,354 | Impairment on York Capital Management 10 10 113 Provision for credit losses 24 (6) 57 (169) (8) (94) 4,468 Adjusted net revenues 286 346 311 359 399 1,302 1,621 Archegos 167 5 167 (4,577) Provision for credit losses 1 (1) 2 (2) 2 Adjusted provision for credit losses 24 (6) 57 (2) (3) 73 (109) Total operating expenses 312 247 279 308 308 1,146 1,146 Total operating expenses 1,965 1,833 2,258 2,131 4,002 8,187 10,040 Restructuring expenses (12) (3) (1) (16) (3) Goodwill impairment (24) (1,775) (24) (1,775) Expenses related to real estate disposals (1) (1) (1) Restructuring expenses (214) (30) (63) (39) (27) (346) (78) Expenses related to business sales Major litigation provisions (43) (200) (163) (243) (163) Adjusted total operating expenses 300 243 278 308 308 1,129 1,142 Expenses related to real estate disposals (13) (4) (3) (9) (20) (47) Income/(loss) before taxes (27) 90 30 53 93 146 362 Archegos (8) (8) (14) (12) (21) (42) (29) Adjusted income/(loss) before taxes (15) 104 31 51 93 171 479 Adjusted total operating expenses 1,700 1,782 1,953 2,077 2,007 7,512 7,948 Income/(loss) before taxes (1,524) (691) (1,165) 134 (2,174) (3,246) (3,672) Adjusted income/(loss) before taxes (1,259) (640) (860) (55) (184) (2,814) 3,515 Investment Bank in CHF mn 4Q22 3Q22 2Q22 1Q22 4Q21 2022 2021 Corporate Center in CHF mn 4Q22 3Q22 2Q22 1Q22 4Q21 2022 2021 Net revenues 454 1,106 1,109 1,938 1,666 4,607 9,908 Net revenues 204 35 (91) (173) (69) (25) (67) Real estate (gains)/losses (53) (53) Real estate (gains)/losses (18) (18) Archegos (17) (17) 470 (Gains)/losses on business sales 4 5 Adjusted net revenues 454 1,106 1,109 1,868 1,666 4,537 10,378 Valuation adjustment related to major litigation 69 Provision for credit losses 23 (6) 55 (156) (7) (84) 4,209 Adjusted net revenues 186 35 (91) (173) (65) (43) 7 Archegos 155 5 155 (4,307) Provision for credit losses (1) (1) (8) Adjusted provision for credit losses 23 (6) 55 (1) (2) 71 (98) Total operating expenses 124 205 302 547 464 1,178 1,655 Total operating expenses 1,889 1,778 2,170 1,970 3,661 7,807 9,172 Restructuring expenses (55) (5) (1) 1 (60) 1 Goodwill impairment (23) (1,623) (23) (1,623) Major litigation provisions 13 (124) (227) (423) (362) (761) (1,010) Restructuring expenses (201) Major litigation provisions (41) Expenses related to real estate disposals སྐྱེ་སེ (30) (60) (36) (25) (327) (71) Archegos 5 5 (191) (149) (232) (149) Adjusted total operating expenses 82 76 74 125 107 357 651 (12) (5) (3) (8) (20) (44) Income/(loss) before taxes 80 (170) (393) (719) (533) (1,202) (1,714) Archegos (8) (8) (13) (11) (19) (40) (26) Adjusted income/(loss) before taxes 104 (41) (165) (297) (172) (399) (636) Adjusted total operating expenses 1,639 1,728 1,878 1,920 1,837 7,165 7,259 Income/(loss) before taxes (1,458) (666) (1,116) 124 (1,988) (3,116) (3,473) Adjusted income/(loss) before taxes (1,208) (616) (824) (51) (169) (2,699) 3,217 44 42 CREDIT SUISSE#43Notes 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 February 9, 2023. Actual results may differ 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 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. Tangible book value, a non-GAAP financial measure, is equal to tangible shareholders' equity. Tangible book value per share is a non-GAAP financial measure, which is calculated by dividing tangible shareholders' equity by total number of shares outstanding. For end-4Q21, tangible shareholders' equity excluded goodwill of CHF 2,917 mn and other intangible assets of CHF 276 mn from total shareholders' equity of CHF 43,954 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 For end-4Q22, tangible shareholders' equity excluded goodwill of CHF 2,903 mn and other intangible assets of CHF 458 mn from total shareholders' equity of CHF 45,129 mn as presented in our balance sheet. Shares outstanding were 2,569.7 mn at end-4Q21 and 3,941.3 mn at end-4Q22. Abbreviations APAC Asia Pacific; CHF Swiss Franc; EUR = Euro; FINMA ARU Asset Resolution Unit; AT1 Additional Tier 1; AuM Assets under management; BIS Bank of International Settlements; bps = basis points; B3R Basel 3 Requirements; CET1 Common Equity Tier 1; CS First Boston = Credit Suisse First Boston; CSSEL = Credit Suisse Securities (Europe) Limited; CRU = Capital Release Unit; DLJ Donaldson Lufkin & Jenrette; DTA deferred tax assets; ECM Equity Capital Markets; Swiss Financial Market Supervisory Authority; FX = Foreign Exchange; GAAP = Generally Accepted Accounting Principles; GBP British Pound; GTS Global Trading Solutions; HQLA = High-quality Liquid Assets; IBCM Investment Banking & Capital Markets; IBOR Interbank offered rate; IG Investment Grade; IT = Information Technology; IPO Initial Public Offering; LCR Liquidity Coverage Ratio; LLC Limited Liability Company; LTM = Last twelve months; M&A Merger & Acquisition; NCU Non-Core Unit; NII Net interest income; NNA Net New Assets; OpRisk Operational risk; PCL = provision for credit losses; PTI Pre-tax income; QoQ = Quarter on Quarter; Rev. revenues; RM Relationship Manager; RMBS Residential Mortgage-backed Securities; RoRC Return on Regulatory Capital; RWA Risk-weighted assets; SCFF Supply Chain Finance Funds SIX Swiss Exchange; SPG Securitized Products Group; TBTF Too Big To Fail; TBVPS = Tangible Book Value Per Share; TLAC = Total Loss Absorbing Capacity; IB Investment Bank; SNB Swiss National Bank; USD = United States Dollar; SP Securitized Products; Vs. = versus; YoY Year on year 43 CREDIT SUISSE#44CREDIT SUISSE