Transformation to CS First Boston
Net 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
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