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.
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