<SEC-DOCUMENT>0000950103-23-008493.txt : 20230605
<SEC-HEADER>0000950103-23-008493.hdr.sgml : 20230605
<ACCEPTANCE-DATETIME>20230605113458
ACCESSION NUMBER:		0000950103-23-008493
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		6
CONFORMED PERIOD OF REPORT:	20230605
FILED AS OF DATE:		20230605
DATE AS OF CHANGE:		20230605

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CREDIT SUISSE AG
		CENTRAL INDEX KEY:			0001053092
		STANDARD INDUSTRIAL CLASSIFICATION:	SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			V8
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33434
		FILM NUMBER:		23991617

	BUSINESS ADDRESS:	
		STREET 1:		PARADEPLATZ 8
		CITY:			ZURICH
		STATE:			V8
		ZIP:			8001
		BUSINESS PHONE:		01141 44 333 1111

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 1
		CITY:			ZURICH
		STATE:			V8
		ZIP:			8070

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CREDIT SUISSE / /FI
		DATE OF NAME CHANGE:	20050607

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CREDIT SUISSE FIRST BOSTON /                            /FI
		DATE OF NAME CHANGE:	19980115
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>dp194993_6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
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<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>Form 6-K</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>REPORT OF FOREIGN PRIVATE ISSUER<BR>
PURSUANT TO RULE 13a-16 OR 15d-16<BR>
UNDER THE SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">For the month of June, 2023</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">Commission File Number 001-33434</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 24pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>CREDIT SUISSE AG</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">(Translation of Registrant&rsquo;s Name Into English)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">Paradeplatz 8, CH-8001 Zurich, Switzerland</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">(Address of Principal Executive Offices)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</FONT></P>



<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><BR></FONT><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;Form 20-F&nbsp;&nbsp;&nbsp;&#9746;&nbsp;&nbsp;Form 40-F&nbsp;&nbsp;&#9744;</FONT></P>



<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____</FONT></P>



<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____</FONT></P>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><IMG SRC="image_003.gif" ALT="" STYLE="width: 1px; height: 2px"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Explanatory note</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">This report on Form 6-K contains the exhibit set forth below. This report
on Form 6-K and such exhibit are hereby incorporated by reference into Registration Statement No. 333-238458-02 of Credit Suisse AG.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><A HREF="dp194993_ex9901.htm"><U>Exhibit 99.1</U>: Press release of Credit Suisse AG dated June 5, 2023.</A></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><IMG SRC="image_003.gif" ALT="" STYLE="width: 1px; height: 2px"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.25in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%">
  <TR>
    <TD STYLE="width: 45%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 35%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3"><FONT STYLE="font-size: 10pt">CREDIT SUISSE AG&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD><FONT STYLE="font-size: 10pt">Date: June 5, 2023</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">By:&nbsp;&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Elaine Sam</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Name:&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Elaine Sam</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Authorized Officer</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD COLSPAN="5"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">By:&nbsp;&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Ashley MacLean</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Name:&nbsp;&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Ashley MacLean</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Authorized Officer</FONT></TD>
    <TD>&nbsp;</TD></TR>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>dp194993_ex9901.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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<P STYLE="text-align: right; margin: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Exhibit 99.1</B></FONT></P>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="margin: 0; text-align: right"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="vertical-align: top; font-size: 11pt; layout-grid-mode: line"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 48px; width: 198px"></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; font-size: 10pt; layout-grid-mode: line; font-weight: bold"><FONT STYLE="font-size: 9pt">CREDIT
    SUISSE</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 9pt">Eleven Madison Avenue</FONT></P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 9pt">New York, NY 10010</FONT></P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P></TD>
    <TD><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 9pt">Telephone&#9;+1 212-325-2000</FONT></P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 9pt">Fax&#9;+1 212-325-7924</FONT></P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P></TD></TR>
  </TABLE>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><B>Media Release</B></P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">June 5, 2023</P>



<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;&nbsp;</P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><B>Credit Suisse Announces Coupon Payments and Expected Coupon Payments on Credit Suisse X-Links<SUP>&reg;</SUP> Exchange Traded Notes (the &ldquo;ETNs&rdquo;)</B></P>


<P STYLE="font: bold 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 11pt Arial, Helvetica, Sans-Serif; text-align: left; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">On June 1, 2023, Credit Suisse announced expected coupon payments
for the following ETNs:</P>

<P STYLE="font: bold 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding: 1pt; width: 9%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt"><B>ETN Ticker</B></FONT></TD>
    <TD STYLE="padding: 1pt; width: 15%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt"><B>ETN Name</B></FONT></TD>
    <TD STYLE="padding: 1pt; width: 12%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt"><B>Closing Indicative Value on &nbsp;5/31/23</B></FONT></TD>
    <TD STYLE="padding: 1pt; width: 10%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt"><B>Ex-Date</B></FONT></TD>
    <TD STYLE="padding: 1pt; width: 11%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt"><B>Record Date</B></FONT></TD>
    <TD STYLE="padding: 1pt; width: 10%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt"><B>Payment Date</B></FONT></TD>
    <TD STYLE="padding: 1pt; width: 11%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt"><B>Expected Coupon Amount per ETN<SUP>1</SUP></B></FONT></TD>
    <TD STYLE="padding: 1pt; width: 11%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt"><B>Coupon Frequency</B></FONT></TD>
    <TD STYLE="padding: 1pt; width: 11%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt"><B>Expected Current Yield<SUP>2</SUP></B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding: 1pt; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">USOI</FONT></TD>
    <TD STYLE="padding: 1pt; border-bottom: Black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-size: 10pt">Credit Suisse X-Links<SUP>&reg;</SUP> Crude Oil Shares Covered Call ETN</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; text-align: center; layout-grid-mode: line"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;$70.7773</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">6/20/23</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">6/21/23</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">6/26/23</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">$0.8590</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">Monthly</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">28.97%<B><SUP>3</SUP></B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding: 1pt; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">GLDI</FONT></TD>
    <TD STYLE="padding: 1pt; border-bottom: Black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-size: 10pt">Credit Suisse X-Links<SUP>&reg;</SUP> Gold Shares Covered Call ETN</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;$143.9311</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">6/20/23</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">6/21/23</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">6/26/23</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">$1.5898</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">Monthly</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">18.52%<B><SUP>3</SUP></B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding: 1pt; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">SLVO</FONT></TD>
    <TD STYLE="padding: 1pt; border-bottom: Black 1pt solid; layout-grid-mode: line"><FONT STYLE="font-size: 10pt">Credit Suisse X-Links<SUP>&reg;</SUP> Silver Shares Covered Call ETN</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; text-align: center; layout-grid-mode: line"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;$75.3884</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">6/20/23</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">6/21/23</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">6/26/23</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">$0.7844</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">Monthly</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1pt; layout-grid-mode: line; text-align: center"><FONT STYLE="font-size: 10pt">25.43%<B><SUP>3</SUP></B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">1. On May 15, 2023, the Credit Suisse Nasdaq Gold FLOWS<SUP>TM</SUP>
103 Index, the Credit Suisse Nasdaq Silver FLOWS<SUP>TM</SUP> 106 Index and the Credit Suisse Nasdaq WTI Crude Oil FLOWS<SUP>TM</SUP>
106 Index (the &ldquo;Indices&rdquo;) concluded the notional sale of options on GLD shares, SLV shares and USO shares, respectively, with
June 2023 expiration. We expect that the notional cash distribution generated by this sale of options will be withdrawn from the Indices
on June 12, 2023, subject to adjustment in the event of any market disruption events. Assuming no redemption or acceleration of GLDI,
SLVO and USOI, and that the notional cash distribution is withdrawn from the Indices on June 12, 2023, we expect to declare a Coupon Amount
for GLDI, SLVO and USOI, respectively, equal to the corresponding Expected Coupon Amount. The Expected Coupon Amount is subject to change
upon the occurrence of a disruption event or other unforeseen circumstances.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">2. For each ETN, the Expected Current Yield equals the Expected Coupon
Amount annualized and divided by the Closing Indicative Value, as discussed in more detail below. The Expected Current Yield, which is
based on an ETN&rsquo;s Expected Coupon Amount and its two most recent coupon payments, is not indicative of future coupon payments, if
any, on the ETNs. In particular, future coupon payments on an ETN may differ significantly from its Expected Current Yield, if its Closing
Indicative Value fluctuates widely in a volatile market. You are not guaranteed any coupon payment or distribution under the ETNs. Coupon
payments for the ETNs (if any) are variable and do not represent fixed, periodic interest payments. The Expected Coupon Amount for any
ETN may vary significantly from coupon period to coupon period and may be zero. Accordingly, the Expected Current Yield will change over
time, and such change may be significant. Any payment on the ETNs is subject to Credit Suisse&rsquo;s ability to pay its obligations as
they become due. For more information regarding any ETN's coupon payments, please refer to such ETN's pricing supplement.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt">3. The Expected Current Yield for the ETN equals the sum of (i) the
Expected Coupon Amount, <I>plus</I> (ii) the amount of the ETN's two most recent coupon payments, <I>multiplied</I> by four (to annualize
such amounts), <I>divided</I> by the Closing Indicative Value, and rounded to two decimal places for ease of analysis. The Expected Current
Yield is subject to change upon the occurrence of a disruption event or other unforeseen circumstances.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in"></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>


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  <TR>
    <TD ROWSPAN="2" STYLE="vertical-align: top; width: 56%; font-size: 11pt; layout-grid-mode: line"><IMG SRC="image_002.jpg" ALT="" STYLE="height: 48px; width: 198px"></TD>
    <TD STYLE="vertical-align: bottom; width: 44%; text-align: right; font-size: 10pt; layout-grid-mode: line; font-weight: bold"><FONT STYLE="font-size: 9pt">Media
    Release</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 9pt">June 5, 2023</FONT></P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"></P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 9pt">Page 2/3</FONT></P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"></P></TD></TR>
  </TABLE>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Press Contact&nbsp;</B></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Candice Sun, Credit Suisse, candice.sun@credit-suisse.com</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Credit Suisse ETNs</B></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Telephone +1 800 320 1225, ETN.Desk@credit-suisse.com</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">The ETNs may not be suitable for all investors and should be purchased
only by knowledgeable investors who understand the potential consequences of investing in the ETNs. The ETNs are subject to the credit
risk of Credit Suisse. You may receive less, and possibly significantly less, than the principal amount of your investment at maturity
or upon repurchase or sale. Coupon payments on the ETNs will vary and could be zero. There is no actual portfolio of assets in which any
investor in the ETNs has any ownership or other interest. Investors in the ETNs do not have voting rights, distribution rights or other
rights with respect to the assets included in the tracked indices. An investment in the ETNs involves significant risks. For further information
regarding risks, please see the section entitled &ldquo;Risk Factors&rdquo; in the applicable pricing supplement.</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Credit Suisse</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Credit Suisse is one of the world's leading financial services providers.
The bank&rsquo;s strategy is built on its leading Wealth Management and Swiss Bank franchises, with strong Asset Management as well as
Markets capabilities. Credit Suisse seeks 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. The bank employs more than 50,000 people. The registered shares (CSGN) of 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</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Disclaimer</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">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.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Credit Suisse has filed a registration statement (including a prospectus)
with the Securities and Exchange Commission, or SEC, for the offering to which this press release relates. Before you invest, you should
read the applicable Pricing Supplement, the Prospectus Supplement dated June 18, 2020 and the Prospectus dated June 18, 2020 that Credit
Suisse has filed with the SEC for more complete information about Credit Suisse and this offering. You may obtain these documents without
cost by visiting EDGAR on the SEC website at www.sec.gov or clicking the hyperlinks below:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">USOI:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Pricing Supplement dated February 13, 2023, including the Prospectus
Supplement dated June 18, 2020, and Prospectus dated June 18, 2020:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">https://notes.credit-suisse.com/api/DocFile/GetProspectus/USOI</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">GLDI:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Pricing Supplement dated September 27, 2022, including the Prospectus
Supplement dated June 18, 2020, and Prospectus dated June 18, 2020:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">https://notes.credit-suisse.com/api/DocFile/GetProspectus/GLDI</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">SLVO:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Pricing Supplement dated September 27, 2022, including the Prospectus
Supplement dated June 18, 2020, and Prospectus dated June 18, 2020:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">https://notes.credit-suisse.com/api/DocFile/GetProspectus/SLVO</P>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>


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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="vertical-align: top; width: 56%; font-size: 11pt; layout-grid-mode: line"><IMG SRC="image_003.jpg" ALT="" STYLE="height: 48px; width: 198px"></TD>
    <TD STYLE="vertical-align: bottom; width: 44%; text-align: right; font-size: 10pt; layout-grid-mode: line; font-weight: bold"><FONT STYLE="font-size: 9pt">Media
    Release</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 9pt">June 5, 2023</FONT></P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"></P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 9pt">Page 3/3</FONT></P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"></P></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Alternatively, Credit Suisse, Credit Suisse Securities (USA) LLC or
any agent or any dealer participating in this offering will arrange to send you the applicable pricing supplement, prospectus supplement
and prospectus if you so request by calling 1-800-320-1225.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">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.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">X-Links<FONT STYLE="font-size: 10pt"><SUP>&reg;</SUP></FONT> is a registered
trademark of Credit Suisse Securities (USA) LLC.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Copyright &copy; 2023, CREDIT SUISSE GROUP AG and/or its affiliates.
All rights reserved.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

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