Credit Suisse Results Presentation Deck slide image

Credit Suisse Results Presentation Deck

2022 key messages 4 B 80 Financials Strategy Risk, Litigation and Regulatory remediation CHF (0.4) bn adjusted pre-tax loss driven by USD (0.9) bn adjusted pre-tax loss in the Investment Bank Strategic pivot Ongoing strategic review to further materially pivot to Wealth Management, Swiss Bank and Asset Management Transformation of our Investment Bank towards a less complex, capital-light, advisory-led and connected model Risk reduction 7% YoY reduction in Group credit portfolio, including 15% reduction in NIG portfolio and 18% reduction in EM portfolio; >70% reduction of Russia net credit exposure since end of 2021 CHF (1.2) bn reported pre-tax loss including CHF (0.4) bn of major litigation provisions, CHF (0.2) bn of Allfunds-related losses and CHF (0.1) bn of restructuring charges Comprehensive Group cost efficiency program targeting absolute cost base of CHF <15.5 bn¹ in the medium-term supported by broader cost efficiency and digital transformation plan Proactive approach to resolving legal cases; major litigation provisions of CHF (0.2) bn for SEC/CFTC communications recordkeeping matter and CHF (0.2) bn for previously disclosed legacy matters 13.5% CET1 ratio 4.3% CET1 leverage ratio; 6.1% Tier 1 leverage ratio Achieved USD >3 bn IB allocated capital reduction ambition Third-party capital Evaluating strategic options for our market leading Securitized Products business to attract third-party capital Regulatory remediation Continued progress on regulatory remediation supported by the Strategic Regulatory Remediation Committee set up to oversee delivery on our regulatory programs 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 Measured using adjusted operating expenses at constant 2021 FX rates CREDIT SUISSE
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