Media releases 2023

Following the merger of the holding companies UBS Group AG and CS Group AG on 12 June 2023, the Board of Directors of UBS Group AG has approved the execution of a merger of UBS AG and Credit Suisse AG. Following approvals from their respective Boards, both entities have entered into a definitive merger agreement. The completion of the merger is subject to regulatory approvals and is expected to happen in 2024. Separately, UBS continues to prepare for the planned merger of UBS Switzerland AG and Credit Suisse (Schweiz) AG also in 2024.

Ad hoc announcement pursuant to Art. 53 LR

Credit Suisse has agreed to sell its Brazilian real estate fund management business, Credit Suisse Hedging-Griffo Real Estate, to Patria Investments for up to BRL 650 million (~USD 130 million). Management of CSHG Real Estate’s listed real estate funds with approximately USD 2.4 billion in AuM will transfer to Patria on closing of the transaction, subject to approval of the fund investors and customary antitrust approvals. UBS will continue to offer Patria’s funds to its Wealth Management clients in Brazil.

On December 1, 2023, Credit Suisse announced expected coupon payments for the following ETNs:

Credit Suisse publishes the results of the latest polling of Swiss voters on worries, confidence, and identity

Ad hoc announcement pursuant to Art. 53 LR

Ad hoc announcement pursuant to article 53 LR

On November 1, 2023, Credit Suisse announced expected coupon payments for the following ETNs:

Credit Suisse AG ("Credit Suisse") announced today that it will exercise its right to call its Credit Suisse S&P MLP Index Exchange Traded Notes (CUSIP: 22539T456) (the "ETNs"). As of today, Credit Suisse will no longer issue new units of the ETNs.