Corporate Press Release

Press Release

Credit Suisse Group AG announces the final banking syndicate for the rights offering and the final terms of the share placement to a number of qualified investors

Credit Suisse Group AG has enlarged the banking syndicate committed to underwrite the rights offering of up to CHF 4.7 billion and announces the purchase price of the share placement to a number of qualified investors

These materials are not for release, publication or distribution (directly or indirectly) in or to the United States, Canada, Australia, the Hong Kong Special Administrative Region of the People’s Republic of China, South Africa or Japan. They are not an offer of securities for sale in or into the United States, Canada, Australia, the Hong Kong Special Administrative Region of the People’s Republic of China, South Africa or Japan.

These materials are not an offer of securities for sale in the United States. The shares to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. There will not be a public offering of shares in the United States.

Credit Suisse Group AG has expanded the banking syndicate for its rights offering and included further banks in addition to the existing banks. The banking syndicate has committed, subject to customary conditions, to firmly underwrite the new registered shares to be issued under the rights offering (with the exception of the new shares related to the shares previously placed to a number of qualified investors without preemptive subscription rights for existing shareholders as announced on October 21, 2015, for which such investors have committed to exercise preemptive subscription rights).

Furthermore, Credit Suisse Group AG announces the price for the share placement of the 58,000,000 new registered shares to a number of qualified investors without preemptive subscription rights for existing shareholders. The purchase price is CHF 22.75, resulting in expected gross proceeds for Credit Suisse Group AG of CHF 1.32 billion. The purchase price corresponds to 94.5% of the volume weighted average price of the registered shares of Credit Suisse Group AG traded on SIX Swiss Exchange on October 21, 2015.

Not for release, publication or distribution in or to the United States, Canada, Australia, the Hong Kong Special Administrative Region of the People’s Republic of China, South Africa or Japan.