Statement by Credit Suisse AG Freitag, 26. April 2019 - 15:10

In response to the current advertising campaign in several media outlets about legal proceedings in Geneva, Credit Suisse AG issues the following statement:

The Criminal Court in Geneva confirmed in its verdict of February 9th, 2018 that the former relationship manager had violated internal rules and Swiss law, engaged in criminal acts to deceive the bank’s control system, concealed his deceptions from colleagues and was not supported by anyone internally in his criminal acts. The Court recognized Credit Suisse AG as the damaged party in this matter. The decision of the appeal court is still pending. Credit Suisse follows a zero tolerance approach regarding misconduct by its employees. All parties admitted to the criminal proceedings have full access to the criminal file which contains all the information submitted by Credit Suisse AG in response to requests of the prosecutor and the Court.

Credit Suisse AG

Credit Suisse is one of the world's leading financial services providers. Our strategy builds on Credit Suisse's core strengths: its position as a leading wealth manager, its specialist investment banking capabilities and its strong presence in our home market of Switzerland. We 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, while also serving key developed markets with an emphasis on Switzerland. Credit Suisse employs approximately 46‘200 people. The registered shares (CSGN) of Credit Suisse AG's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.

Disclaimer

This document was produced by and the opinions expressed are those of Credit Suisse as of the date of writing and are subject to change. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of Credit Suisse to any person to buy or sell any security. Any reference to past performance is not necessarily a guide to the future. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but Credit Suisse does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.