Corporate Press Release

Press Release

Credit Suisse Group AG announces conversion of Mandatory and Contingent Convertible Securities (‘MACCS’) issued in July 2012 into registered shares of Credit Suisse Group AG

Credit Suisse Group AG today announced that it will complete the conversion of CHF 3.8 billion of Mandatory and Contingent Convertible Securities (‘MACCS’) into registered shares of Credit Suisse Group AG on April 8, 2013. The MACCS with the maturity date of March 29, 2013, were issued as part of the capital measures announced in July 2012.

The CHF 3.8 billion of Mandatory and Contingent Convertible Securities (‘MACCS’) will convert into 233,452,670 registered shares of Credit Suisse Group AG. The MACCS were issued in July 2012 by Credit Suisse Group AG’s wholly-owned subsidiary Credit Suisse Group (Guernsey) V Limited as part of Credit Suisse Group AG’s measures to further strengthen its capital base. The shares will be delivered to the MACCS holders on April 8, 2013. The conversion will result in a post-transaction number of 1,539,616,660 registered shares of Credit Suisse Group AG issued. The fixed interest, which is equivalent to a rate of 4% per annum, was paid to the MACCS holders on April 2, 2013.