Credit Suisse Results Presentation Deck
Disciplined strategic execution with accelerated de-risking and
deleveraging
4
4022 Financial Performance in
line with guidance
Strategy execution
ahead of schedule
Clear strategic priorities for
2023 2024
> Reported pre-tax loss of CHF 1.3 bn; adjusted pre-tax loss of CHF 1.0 bn
> 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
► 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
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
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
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