Corporate Press Release

Press Release

Final terms of the distribution of CHF 0.75 per registered share out of reserves from capital contributions for the financial year 2011

Credit Suisse Group AG today announced the final terms of the distribution of CHF 0.75 per registered share, which eligible shareholders can elect to receive either in the form of shares (scrip dividend) or in cash or a combination thereof as approved by the Annual General Meeting on April 27, 2012.

For the scrip dividend, the reference share price, calculated by the average of the opening and closing prices of the shares of Credit Suisse Group AG on SIX Swiss Exchange from April 30, 2012 to May 7, 2012, is CHF 21.16. Based on this, the Board of Directors has decided to set the discount at 7.84% to the reference share price. Further considering the distribution of CHF 0.75 per share, the issue price of the new Credit Suisse Group AG shares is CHF 18.75, resulting in a subscription ratio of 1 new share for 25 existing shares.

The Credit Suisse Group AG shares will trade ex-dividend as of May 9, 2012. The election period during which eligible shareholders can make their election on how to receive their distribution will take place from May 9, 2012 through May 18, 2012 (17:00 CEST). The delivery, listing and trading of the new Credit Suisse Group AG shares as well as the payment of the cash distribution is planned for May 23, 2012.

Further information about the scrip dividend for the financial year 2011 may be found in the documentation ‘Scrip Dividend 2012: Shareholder Information – Summary Document’, which can be viewed on the Credit Suisse website at: www.credit-suisse.com/dividend

This press release does not constitute an offer to sell or an invitation to subscribe for, or the solicitation of an offer to buy or subscribe for, securities of Credit Suisse Group AG nor shall it (or any part of it) or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefor. This press release does not constitute a prospectus within the meaning of any applicable law. Eligible shareholders should make their decision to receive new shares of Credit Suisse Group AG or to receive a cash distribution as part of the 2011 distribution solely based on the terms and conditions of the 2011 distribution and the additional information contained in the relevant documents. This press release does not constitute a recommendation to eligible shareholders to elect to receive new shares of Credit Suisse Group AG as part of the 2011 distribution. Eligible shareholders are furthermore advised to consult their legal advisor, custodian bank or financial adviser before making any decision.