about credit suisse – a brief presentation

November 2017

About Credit Suisse – A brief presentation

Disclaimer

November 2017 2

Cautionary statement regarding forward-looking statements

This presentation contains forward-looking statements that involve inherent risks and uncertainties, and we might not be able to achieve the predictions, forecasts, projections and

other outcomes we describe or imply in forward-looking statements. A number of important factors could cause results to differ materially from the plans, objectives, expectations,

estimates and intentions we express in these forward-looking statements, including those we identify in "Risk factors” in our Annual Report on Form 20-F for the fiscal year ended

December 31, 2016 and in the “Cautionary statement regarding forward-looking information" in our 3Q17 Financial Report filed with the US Securities and Exchange Commission,

and in other public filings and press releases. We do not intend to update these forward-looking statements except as may be required by applicable law.

In particular, the terms “Illustrative”, “Ambition”, “Outlook” and “Goal” are not intended to be viewed as targets or projections, nor are they considered to be Key Performance

Indicators. All such illustrations, ambitions and goals are subject to a large number of inherent risks, assumptions and uncertainties, many of which are completely outside of our

control. Accordingly, this information should not be relied on for any purpose. We do not intend to update these illustrations, ambitions or goals.

We may not achieve the benefits of our strategic initiatives

We may not achieve all of the expected benefits of our strategic initiatives. Factors beyond our control, including but not limited to the market and economic conditions, changes in

laws, rules or regulations and other challenges discussed in our public filings, could limit our ability to achieve some or all of the expected benefits of these initiatives.

Estimates and assumptions

In preparing this presentation, management has made estimates and assumptions that affect the numbers presented. Actual results may differ. Annualized numbers do not take

account of variations in operating results, seasonality and other factors and may not be indicative of actual, full-year results. Figures throughout this presentation may also be subject

to rounding adjustments.

Statement regarding non-GAAP financial measures

This presentation also contains non-GAAP financial measures, including adjusted results. Information needed to reconcile such non-GAAP financial measures to the most directly

comparable measures under US GAAP can be found in this presentation in the Appendix, which is available on our website at www.credit-suisse.com.

Statement regarding capital, liquidity and leverage

As of January 1, 2013, Basel III was implemented in Switzerland along with the Swiss “Too Big to Fail” legislation and regulations thereunder (in each case, subject to certain phase-in

periods). As of January 1, 2015, the Bank for International Settlements (BIS) leverage ratio framework, as issued by the Basel Committee on Banking Supervision (BCBS), was

implemented in Switzerland by FINMA. Our related disclosures are in accordance with our interpretation of such requirements, including relevant assumptions. Changes in the

interpretation of these requirements in Switzerland or in any of our assumptions or estimates could result in different numbers from those shown in this presentation. Capital and ratio

numbers for periods prior to 2013 are based on estimates, which are calculated as if the Basel III framework had been in place in Switzerland during such periods.

Unless otherwise noted, leverage exposure is based on the BIS leverage ratio framework and consists of period-end balance sheet assets and prescribed regulatory adjustments.

Beginning in 2015, the Swiss leverage ratio is calculated as Swiss total capital, divided by period-end leverage exposure. The look-through BIS tier 1 leverage ratio and CET1

leverage ratio are calculated as look-through BIS tier 1 capital and CET1 capital, respectively, divided by end-period leverage exposure.

Credit Suisse overview

Picture: Credit Suisse head office at Paradeplatz in Zurich, Switzerland

Founded 1856

46,720 employees from over 150 nations

in about 50 countries

Structure International

Wealth

Management

Swiss

Universal

Bank

Asia

Pacific

Investment

Banking

&

Capital

Markets

Global

Markets

Three regionally focused divisions, two divisions specializing in investment banking and one for businesses and positions that do not fit our strategy and which we will wind down over time

We aim to be a leading wealth manager with strong investment banking capabilities

Strengths

Strategic

Resolution

Unit

Strategy

Leading global wealth manager

Specialist investment banking capabilities

Strong presence in home market of Switzerland

Well positioned to capture growth in emerging markets

Position ourselves as the “Bank for Entrepreneurs” by leveraging our strengths in wealth management and investment banking that we believe will provide us with key competitive advantages to succeed in these markets.

Seek to follow a balanced approach to wealth management aiming to capitalize on both the large pool of wealth within mature markets as well as the significant growth in wealth in Asia Pacific and other emerging markets.

Expand our position in Switzerland with a specific focus on becoming the “Bank for Entrepreneurs” and plan to further expand our strong position with Swiss private, corporate and institutional clients as well as take advantage of opportunities arising from consolidation.

November 2017 3

Credit Suisse Group: key metrics

Note: Adjusted results are non-GAAP financial measures. A reconciliation to reported results is included in the Appendix 1 Relates to our senior unsecured debt and are subject to change without notice. Latest rating action on December 13, 2016 2 Excluding Corporate Center and SRU

9M17 2016 2015 2014

Net revenues 15.7 20.3 23.8 26.2

Pre-tax income/(loss) 1.7 (2.3) (2.4) 3.6

Adjusted pre-tax income 2.2 0.6 2.1 5.0

Net income/(loss) attributable to shareholders 1.1 (2.7) (2.9) 1.9

Return on equity attributable to shareholders 4% (6)% (7)% 4%

Net new assets 34.7 26.8 46.9 27.9

Assets under management 1,345 1,251 1,214 1,369

Total assets 789 820 821 921

Net loans 276 276 273 273

Financial

Performance In CHF bn

3Q17 2016 2015 2014

CET1 ratio 13.2% 11.5% 11.4% 10.1%

CET1 leverage ratio 3.8% 3.2% 3.3% 2.5%

Tier 1 leverage ratio 5.2% 4.4% 4.5% 3.5%

Short- Long-

term term Outlook

Moody’s P-1 A1

S&P A-1 A

Fitch Ratings F1 A

Stable

Stable

Stable

Capital ratios Basel 3 look-through

A balanced business portfolio

26%

19%

42%

6%

7%

2016 adjusted pre-tax

income2

46,720

employees as of 3Q17

22%

15%

27%

7%

25%

3,570

relationship

managers as of 3Q17

1,850

590

1,130

Swiss Universal Bank International Wealth Management Asia Pacific

Global Markets Investment Banking & Capital Markets

Senior Credit Ratings1

Credit Suisse AG (the Bank)

o/w 1,300 PC

o/w 550 C&IC CC & SRU

4%

November 2017 4

Swiss Universal Bank – Strengthen position in our domestic market

The Swiss Universal Bank division offers comprehensive advice and a wide range of financial solutions to private, corporate and institutional clients primarily domiciled in our home market Switzerland, which offers attractive growth opportunities and where we can build on a strong market position across our key businesses. Our Private Clients business has a leading franchise in our Swiss home market and serves ultra-high-net-worth individuals, high-net-worth individuals, affluent and retail clients. Our Corporate & Institutional Clients business serves large corporate clients, small and medium-sized enterprises, institutional clients, external asset managers and financial institutions.

Key

Priorities

Value proposition

Seek to consistently deliver the best value proposition for our client segments: private & wealth management clients, premium clients, corporate clients and institutional clients.

Business model

Complement simple, low-risk business model (focus on Swiss-domiciled clients) with international, best-in-class investment banking and asset management capabilities

Brand

Be recognized as THE Bank for Entrepreneurs in Switzerland

Efficiency & Returns

Reduce management layers to drive faster decisions, optimize processes and eliminate duplication

Produce a consistently strong return on regulatory capital, in excess of our cost of capital

Financial

Performance

2014 2015 2016 9M17

5.9 5.7

Net Revenues in CHF bn

41%

59%

44%

56%

2014 2015 2016 9M17

2.0 2.0 1.7

Pre-tax income in CHF bn

48%

52%

58%

42%

12,600

1,850

2014 2015 2016 9M17

9.3

2.6

13.8

Private Clients Corporate & Institutional Clients

Net New Assets in CHF bn

5.8

Assets under Management

CHF

206 bn

CHF

347 bn

CHF

553 bn

3Q17

Employees

Relationship Managers

All information for or as of end 3Q17, as applicable, unless noted otherwise

November 2017

43%

57%

46%

54%

5

4.1

1.3

(9.0)

53%

47% 56% 44%

International Wealth Management – Relentless focus on clients

The International Wealth Management division through its Private Banking business offers comprehensive advisory services and tailored investment and financing solutions to wealthy private clients and external asset managers in Europe, the Middle East, Africa and Latin America, utilizing comprehensive access to the broad spectrum of Credit Suisse’s global resources and capabilities as well as a wide range of proprietary and third-party products and services. Our Asset Management business offers investment solutions and services globally to a broad range of clients, including pension funds, governments, foundations and endowments, corporations and individuals.

Key

Priorities

Deliver client value

Holistic client coverage Leverage investment and research capabilities Invest in additional resources and broaden lending activities to

address clients’ sophisticated financing needs

Enhance client proximity

Grow sales force Expand “hub and spokes” model

Increase client time

Simplify and de-layer organization to bring decision-making closer to point of advice

Invest in technology and automation to increase client face time

Financial

Performance

2014 2015 2016 9M17

4.9 4.6


33%

67%

29%

71%

2014 2015 2016 9M17

1.1 1.3

0.7


33%

67% 75%

10,110 Employees

1,130 Relationship Managers

2014 2015 2016 9M17

13.8 21.2

23.5

Private Banking Asset Management

Net New Assets in CHF bn

4.7

Assets under Management

CHF

355 bn

CHF

377 bn

CHF

732 bn

3Q17

All information for or as of end 3Q17, as applicable, unless noted otherwise

November 2017

28%

72% 75%

6

3.7 1.0

31.8

72% 78%

28%

Asia Pacific – The Trusted Entrepreneurs’ Bank

In the Asia Pacific division, our wealth management, financing and underwriting and advisory teams work closely together to deliver integrated advisory services and solutions to our target ultra-high-net-worth, entrepreneur, and corporate clients. Our Wealth Management & Connected business combines our activities in wealth management with our financing, underwriting and advisory activities. Our Markets business represents our equities and fixed income trading business in Asia Pacific, which supports our wealth management activities, but also deals extensively with a broader range of institutional clients.

Key

Priorities

Focus on UHNWI

Deliver client critical equities & financing capabilities

Continue to deliver new investment products and services from our investment banking platform

Prudently build out quality credit and equity strategic financing, while remaining mindful of market volatility

Grow broad base of business profitability

Continue to grow existing business franchises where we have deep client relationships and strong, profitable market positions

Grow recurring fee-income base by leveraging integrated, advisory-led model

Adjust business model for new market entry or business acquisition to drive incremental growth

Financial

Performance

2014 2015 2016 9M17

3.3 3.8


52%

48%

61%

39%

2014 2015 2016 9M17

0.7 0.9

0.4


46%

54%

145%

7,050

590

Wealth Management & Connected

Markets

2016 Markets revenues

in CHF bn

3.6

Private Banking1 Assets In CHF bn

2014 2015 2016 9M17

18

151 150

14 18

CHF 1.7 bn

Fixed Income sales and trading 31%

Equity sales and trading 69%

167

Assets under Management Net New Assets

All information for or as of end 3Q17, as applicable, unless noted otherwise 1 APAC PB within WM&C

Employees

Relationship Managers

November 2017

47%

53%

33%

67%

7

2.6 0.6

190

16

65% 103%

35%

Note: Adjusted results are non-GAAP financial measures. †See appendix (notes) All information for or as of end 3Q17, as applicable, unless noted otherwise 1 Other revenues of CHF (236) mn, CHF (207) mn, CHF (216) mn and CHF (160) mn in 2014, 2015, 2016 and 9M17, respectively

Global Markets – Connectivity with the Group

The Global Markets division offers a broad range of financial products and services to client-driven businesses and also supports Credit Suisse’s global wealth management businesses and their clients. Our suite of products and services includes global securities sales, trading and execution, prime brokerage and comprehensive investment research. Our clients include financial institutions, corporations, governments, institutional investors, such as pension funds and hedge funds and private individuals around the world.

Key

Priorities

Maintain strong client franchise and enhance collaboration

across Credit Suisse divisions

Maintain and defend leading market positions across equities and fixed income

Increase collaboration with institutional, corporate and wealth management clients to grow revenues

Enhance product offerings into developed Europe and emerging markets

Increase operating leverage and profitability

Continue ongoing cost-saving initiatives by increasing efficiencies from consolidating solutions platform and eliminating duplication across functions

Ambitions to generate USD 6bn+ revenues with an adjusted cost base of < USD 4.8bn while generating over 10% adjusted return on regulatory capital†

Drive the CS strategy of a global wealth manager with strong

Investment Banking capabilities

Financial

Performance

Net Revenues in CHF bn, excluding “other revenues”1

11,760 Employees

Fixed income sales and trading

Equity sales and trading

Underwriting 61 64 51 58

2014 2015 2016 3Q17

Risk-Weighted Assets in USD bn

377 280 278 291

2014 2015 2016 3Q17

Leverage Exposure in USD bn

2014 2015 2016 9M17

7.7 7.0

48%

37%

48%

39%

5.7

15% 13% 17%

38%

45%

November 2017 8

4.5

18%

30%

52%

Investment Banking & Capital Markets

The Investment Banking & Capital Markets division offers a broad range of investment banking services to corporations, financial institutions, financial sponsors and ultra-high-net-worth individuals and sovereign clients. Our range of products and services includes advisory services related to mergers and acquisitions, divestitures, takeover defense mandates, business restructurings and spin-offs. The division also engages in debt and equity underwriting of public securities offerings and private placements.

Key

Priorities

Optimize client coverage footprint to increase share in M&A and

ECM while maintaining our leading leveraged finance franchise

Targeted plans for investment grade corporates, non-investment grade corporates and financial sponsors

Globally-coordinated EM coverage effort

Grow the UHNWI offering established in 2016

Collaborate across divisions and regions to deliver seamless

solutions to clients

Improve profitability with a mix of revenue growth, increased

operating efficiencies and disciplined capital management

Deliver returns in excess of cost of capital: target 15-20% adjusted return on regulatory capital† by 2018

Financial

Performance

Net Revenues in CHF bn, excluding “other revenues”1

3,260 Employees

Risk-Weighted Assets in USD bn

Leverage Exposure in USD bn

12 16 18 20

2014 2015 2016 3Q17

40 41 45 44

2014 2015 2016 3Q17

Note: Adjusted results are non-GAAP financial measures. †See appendix (notes) All information for or as of end 3Q17, as applicable, unless noted otherwise 1 Other revenues of CHF (33) mn, CHF (146) mn, CHF (123) mn and CHF (44) mn in 2014, 2015, 2016 and 9M17, respectively

2014 2015 2016 9M17

2.1 1.9

29%

48%

39%

42%

2.1

23% 19% 15%

45%

40%

Advisory and other fees

Debt Underwriting

Equity Underwriting

November 2017 9

1.6

17%

48%

35%

Executive Board

Tidjane Thiam

Chief Executive Officer

Corporate Functions

Thomas P.

Gottstein

CEO Swiss Universal Bank

James L. Amine

CEO Investment Banking & Capital Markets

Business divisions

David R. Mathers

Chief Financial Officer

Joachim Oechslin Chief Risk Officer

Brian Chin

CEO Global Markets Iqbal Khan

CEO International Wealth Management

Helman Sitohang

CEO Asia Pacific

Pierre-Olivier Bouée

Chief Operating

Officer

Romeo Cerutti

General Counsel Peter Goerke

Head of Human

Resources, Communications &

Branding

Lara J. Warner

Chief Compliance &

Regulatory Affairs Officer

November 2017 10

Board of Directors

Urs Rohner Chairman,

Chairman of the

Chairman's and

Governance Committee

Chairman’s and Governance Committee Audit Committee Compensation Committee Risk Committee

Iris Bohnet

Seraina (Maag) Macia

Kai S. Nargolwala Chairman of the

Compensation

Committee

Severin Schwan Vice-Chair and

Lead Independent

Director

John Tiner Chairman of the

Audit Committee

Andreas N. Koopmann

Members of the:

Richard E. Thornburgh Vice-Chair and

Chairman of the

Risk Committee

Alexander Gut

Joaquin J. Ribeiro

November 2017 11

Andreas Gottschling

Alexandre Zeller

Corporate Responsibility at Credit Suisse: our responsible approach

to business is a key factor in determining our long-term success

CHF

19,684 mn amount of assets have

been invested according to our

sustainability criteria

89% of our private clients in

Switzerland are satisfied with our services

CHF

159 bn is Credit Suisse’s

volume of outstanding loans in Switzerland

18,554 of our employees around the world

volunteered their time to help charitable

causes

Approximately

1,390 benefited from a

structured educational program

70,600 days of classroom

training were delivered

190,422 hours of desktop video-

conferencing were used, helping to reduce

our CO2 emissions

8,700 hours of training on

environmental management, health

and safety were provided to employees

Responsibility

in Society

Responsibility

in Banking

Responsibility

as an

Employer

Responsibility

for the

Environment

All information for or as of year-end 2016, as applicable, unless otherwise noted

November 2017 12

Credit Suisse with a diverse international shareholder base

1 Source: IPREO 2 Share ownership of at least 3% as per latest available notification to the SIX Swiss Exchange on September 2, 2017 3 This position includes the reportable position of Harris Associates Investment Trust (5.01% shares), as published by SIX on June 28, 2017 4 Through September 30, 2017 5 One American Depositary Share represents one common share

Switzerland

North America

Europe

Other

15%

8%

18%

48% Institutional investors

Private investors

Other investors United Kingdom & Ireland

11% Harris Associates L.P.3 5.2%

Norges Bank 5.1%

Qatar Holding LLC 5.0%

Olayan Group 4.9%

BlackRock, Inc. 4.2%

Share ownership

10%

85%

5%

EURO STOXX Banks index (rebased as of January 1, 2009)

Credit Suisse (CSGN VX)

Shareholder

Base1

As of end 2Q17

Significant

Shareholders2

Share price development

from 2009 through 3Q174

-

20.00

40.00

60.00

80.00

Dec. 2008 Dec. 2009 Dec. 2010 Dec. 2011 Dec. 2012 Dec. 2013 Dec. 2014 Dec. 2015 Dec. 2016

Credit Suisse shares are listed on the SIX Swiss Exchange and on the New York Stock Exchange in the form of American Depositary Shares5

In CHF

November 2017 13

Appendix

November 2017 14

SUB in CHF mn IWM in CHF mn APAC in CHF mn

9M17 9M16 2016 2015 2014 9M17 9M16 2016 2015 2014 9M17 9M16 2016 2015 2014

Net revenues reported 4,078 4,360 5,759 5,721 5,912 3,747 3,399 4,698 4,552 4,942 2,619 2,735 3,597 3,839 3,335

Fair value on own debt - - - - - - - - - - - - - - -

Real estate gains - (346) (366) (95) (414) - - (54) - - - - - - -

(Gains)/losses on business sales - - - (23) (24) - - - (11) (77) - - - - -

Net revenues adjusted 4,078 4,014 5,393 5,603 5,474 3,747 3,399 4,644 4,541 4,865 2,619 2,735 3,597 3,839 3,335

Provision for credit losses 60 45 79 138 94 13 14 20 5 12 8 15 26 35 40

Total operating expenses reported 2,686 2,672 3,655 3,908 3,794 2,723 2,595 3,557 3,824 3,670 2,058 2,098 2,846 3,427 2,395

Goodwill impairment - - - - - - - - - - - - - (756) -

Restructuring expenses (61) (63) (60) (42) - (59) (38) (54) (36) - (40) (34) (53) (3) -

Major litigation provisions (42) - (19) (25) - (17) 19 12 (268) (51) - - - (6) -

Total operating expenses adjusted 2,583 2,609 3,576 3,841 3,794 2,647 2,576 3,515 3,520 3,619 2,018 2,064 2,793 2,662 2,395

Pre-tax income/(loss) reported 1,332 1,643 2,025 1,675 2,024 1,011 790 1,121 723 1,260 553 622 725 377 900

Total adjustments 103 (283) (287) (51) (438) 76 19 (12) 293 (26) 40 34 53 765 -

Pre-tax income/(loss) adjusted 1,435 1,360 1,738 1,624 1,586 1,087 809 1,109 1,016 1,234 593 656 778 1,142 900

Adjusted results are non-GAAP financial measures that exclude goodwill impairment and certain other revenues and expenses included in our reported results. Management believes that adjusted results provide a useful presentation of our operating results for purposes of assessing our Group and divisional performance consistently over time, on a basis that excludes items that management does not consider representative of our underlying

performance. Provided below is a reconciliation of our adjusted results to the most directly comparable US GAAP measures.

CS Group in CHF mn SRU in CHF mn Corp. Ctr. in CHF mn

9M17 9M16 2016 2015 2014 9M17 9M16 2016 2015 2014 9M17 9M16 2016 2015 2014

Net revenues reported 15,711 15,142 20,323 23,797 26,242 (735) (1,069) (1,271) 511 1,838 40 87 71 561 680

Fair value on own debt - - - (298) (543) - - - - - - - - (298) (543)

Real estate gains - (346) (424) (95) (414) - - (4) - - - - - - -

(Gains)/losses on business sales (15) 56 58 (34) (101) (38) 4 6 - - 23 52 52 - -

Net revenues adjusted 15,696 14,852 19,957 23,370 25,184 (773) (1,065) (1,269) 511 1,838 63 139 123 263 137

Provision for credit losses 167 177 252 324 186 29 83 111 137 33 3 (1) (1) (1) 1

Total operating expenses reported 13,892 15,028 22,337 25,895 22,429 916 1,712 4,377 3,026 4,912 508 497 759 862 654

Goodwill impairment - - - (3,797) - - - - - - - - - - -

Restructuring expenses (318) (491) (540) (355) - (39) (120) (121) (156) - (12) - (7) - -

Major litigation provisions (238) (306) (2,707) (820) (2,436) (179) (318) (2,693) (290) (2,325) - - - - -

Total operating expenses adjusted 13,336 14,231 19,090 20,923 19,993 698 1,274 1,563 2,580 2,587 496 497 752 862 654

Pre-tax income/(loss) reported 1,652 (63) (2,266) (2,422) 3,627 (1,680) (2,864) (5,759) (2,652) (3,107) (471) (409) (687) (300) 25

Total adjustments 541 507 2,881 4,545 1,378 180 442 2,816 446 2,325 35 52 59 (298) (543)

Pre-tax income/(loss) adjusted 2,193 444 615 2,123 5,005 (1,500) (2,422) (2,943) (2,206) (782) (436) (357) (628) (598) (518)

Reconciliation of adjustment items (1/2)

November 2017 15

Reconciliation of adjustment items (2/2)

Adjusted results are non-GAAP financial measures that exclude goodwill impairment and certain other revenues and expenses included in our reported results. Management believes that adjusted results provide a useful presentation of our operating results for purposes of assessing our Group and divisional performance consistently over time, on a basis that excludes items that management does not consider representative of our underlying

performance. Provided below is a reconciliation of our adjusted results to the most directly comparable US GAAP measures.

16 July 2017

GM in CHF mn IBCM in CHF mn

9M17 9M16 2016 2015 2014 9M17 9M16 2016 2015 2014

Net revenues 4,388 4,232 5,497 6,826 7,426 1,574 1,398 1,972 1,787 2,109

Provision for credit losses 23 1 (3) 10 7 31 20 20 - (1)

Total operating expenses reported 3,720 4,188 5,452 8,747 5,405 1,281 1,266 1,691 2,101 1,599

Goodwill impairment - - - (2,661) - - - - (380) -

Restructuring expenses (79) (202) (217) (96) - (28) (34) (28) (22) -

Major litigation provisions - (7) (7) (231) (60) - - - - -

Total operating expenses adjusted 3,641 3,979 5,228 5,759 5,345 1,253 1,232 1,663 1,699 1,599

Pre-tax income/(loss) reported 645 43 48 (1,931) 2,014 262 112 261 (314) 511

Total adjustments 79 209 224 2,988 60 28 34 28 402 -

Pre-tax income/(loss) adjusted 724 252 272 1,057 2,074 290 146 289 88 511

Group in CHF mn

2016 2015

Total operating expenses reported 22,337 25,895

Goodwill impairment - (3,797)

Restructuring expenses (540) (355)

Major litigation provisions (2,707) (820)

Debit valuation adjustments (DVA) - -

Certain accounting changes - -

Total operating expenses adjusted 19,090 20,923

FX adjustment 292 319

FX neutral total operating expenses adjusted 19,382 21,242

Notes

Throughout the presentation rounding differences may occur

Unless otherwise noted, all CET1 ratio, Tier-1 leverage ratio, risk-weighted assets and leverage exposure figures shown in this

presentation are as of the end of the respective period and on a “look-through” basis

General notes

AM = Asset Management; APAC = Asia Pacific; BIS = Bank for International Settlements; bn = billion;

CET1 = common equity tier 1; CHF = Swiss franc; C&IC = Corporate & Institutional Clients; Corp. Ctr./CC = Corporate Center;

ECM = Equity Capital Markets; EM = Emerging Markets; FX = foreign exchange; GM = Global Markets;

IBCM = Investment Banking & Capital Markets; IWM = International Wealth Management; M&A = mergers & acquisitions

mn = million; PB = Private Banking; PC = Private Clients; RoRC = return on regulatory capital; RWA= risk-weighted assets;

SRU = Strategic Resolution Unit; SUB = Swiss Universal Bank; (U)HNWI = (Ultra) High Net Worth Individuals; USD = US dollar;

WM&C = Wealth Management & Connected

Abbreviations

Specific notes * “Adjusted operating expenses at constant FX rates” and “adjusted non-compensation operating expenses at constant FX rates” include

adjustments as made in all our disclosures for restructuring expenses, major litigation expenses and a goodwill impairment taken in 4Q15 as well

as adjustments for certain accounting changes (which had not been in place at the launch of the cost savings program), debit valuation

adjustments (DVA) related volatility and for FX, applying the following main currency exchange rates for

1Q15: USD/CHF 0.9465, EUR/CHF 1.0482, GBP/CHF 1.4296, 2Q15: USD/CHF 0.9383, EUR/CHF 1.0418, GBP/CHF 1.4497,





3Q17: USD/CHF 0.9645, EUR/CHF 1.1413, GBP/CHF 1.2695.

These currency exchange rates are unweighted, i.e. a straight line average of monthly rates. We apply this calculation consistently for the periods

under review. Adjusted non-compensation expenses are adjusted operating expenses excluding compensation and benefits. To calculate adjusted

non-compensation expenses at constant FX rates, we subtract compensation and benefits (adjusted at constant FX rates in the manner described

above) from adjusted operating expenses at constant FX rates.

† Regulatory capital is calculated as the worst of 10% of RWA and 3.5% of leverage exposure. Return on regulatory capital is calculated using

(adjusted) income after tax and assumes a tax rate of 30% and capital allocated based on the worst of 10% of average RWA and 3.5% of

average leverage exposure. For the Markets business within the APAC division and for the Global Markets and Investment Banking & Capital

Markets divisions, return on regulatory capital is based on US dollar denominated numbers. Adjusted return on regulatory capital is calculated

using adjusted results, applying the same methodology to calculate return on regulatory capital.

November 2017

about credit suisse – a brief presentation

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