Transformation to CS First Boston slide image

Transformation to CS First Boston

Our 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
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