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Employee deferred compensation (Tables)
12 Months Ended
Dec. 31, 2023
Share-based compensation disclosures  
Deferred compensation expense
Deferred compensation expense
in202320222021
Deferred compensation expense (CHF million)   
Share awards275293466
Performance share awards6111281
Strategic Delivery Plan80235
Contingent Capital Awards(299)2(4)194
Transformation Awards65
Cash awards659623370
Retention awards368170123
Total deferred compensation expense 1,1541,3181,434
Total shares delivered (million)   
Total shares delivered15.856.755.7
1
Included downward adjustment applied to outstanding performance share awards.
2
CCA cancelled in 2023, resulting in a credit of CHF 0.4 billion.
Additional information
Estimated unrecognized deferred compensation
end of2023
Estimated unrecognized compensation expense (CHF million)   
Share awards100
Performance share awards4
Strategic Delivery Plan23
Transformation Awards45
Cash awards215
Retention awards125
Total 512
Aggregate remaining weighted-average requisite service period (years)   
Aggregate remaining weighted-average requisite service period1.3
Stock compensation plan | Share awards  
Share-based compensation disclosures  
Share-based award activities
Share award activities
  202320222021

Number of
share
awards
in million
Weighted-
average
grant-date
fair value
in CHF

Number of
share
awards
in million
Weighted-
average
grant-date
fair value
in CHF

Number of
share
awards
in million
Weighted-
average
grant-date
fair value
in CHF
Share awards   
Balance at beginning of period 139.88.59135.311.22115.211.82
Granted pre-acquisition93.411.92176.126.2185.711.19
Settled pre-acquisition(9.3)8.05(57.8)11.26(50.1)12.44
Forfeited pre-acquisition(19.6)7.46(13.8)10.13(15.5)11.52
Balance pre-acquisition 204.35.67139.88.59135.311.22
Conversion impact: 22.48 CS shares to one UBS share 195.2
Balance post-acquisition 9.1
Granted post-acquisition10.9
Settled post-acquisition(1.9)
Forfeited post-acquisition(2.5)
Balance at end of period 15.6
   of which vested 2.124.111.8
   of which unvested 13.5115.7123.5
1
Included cancellation of awards as instructed by the Swiss Federal Department of Finance.
2
Included an adjustment for share awards granted in the fourth quarter of 2022 to compensate for the proportionate dilution of Credit Suisse Group AG shares resulting from the rights offering approved on November 28, 2022. The number of deferred share-based awards held by each individual was increased by 5.64%. The terms and conditions of the adjusted shares were the same as the existing share-based awards, thereby ensuring that holders of the awards were neither advantaged nor disadvantaged by the additional shares granted.
Stock compensation plan | Strategic Delivery Plan  
Share-based compensation disclosures  
Share-based award activities
Strategic Delivery Plan activities
  20232022
Number of
Strategic
Delivery Plan
awards
in million
Weighted-
average
grant-date
fair value
in CHF
Number of
Strategic
Delivery Plan
awards
in million
Weighted-
average
grant-date
fair value
in CHF
Strategic Delivery Plan   
Balance at beginning of period 58.88.10
Granted pre-acquisition(6.2)18.09162.628.12
Settled pre-acquisition0.08.200.00.00
Forfeited pre-acquisition(4.6)8.13(3.8)8.42
Balance pre-acquisition 48.08.0958.88.10
Conversion impact: 22.48 CS shares to one UBS share 45.9
Balance post-acquisition 2.1
Forfeited post-acquisition(0.3)
Balance at end of period 1.8
   of which vested 0.66.8
   of which unvested 1.252.0
1
Included cancellation of awards as instructed by the Swiss Federal Department of Finance.
2
Included an adjustment for Strategic Delivery Plan awards granted in the fourth quarter of 2022 to compensate for the proportionate dilution of Credit Suisse Group AG shares resulting from the rights offering approved on November 28, 2022. The number of deferred share-based awards held by each individual was increased by 5.64%. The terms and conditions of the adjusted shares were the same as the existing share-based awards, thereby ensuring that holders of the awards were neither advantaged nor disadvantaged by the additional Strategic Delivery Plan shares granted.
Stock compensation plan | Transformation Awards [Member]  
Share-based compensation disclosures  
Share-based award activities
Transformation Awards activities
  2023

Number of
Transformation
awards
in million
Weighted-
average
grant-date
fair value
in CHF
Transformation Awards   
Balance at beginning of period 
Granted pre-acquisition30.311.911
Forfeited pre-acquisition0.21.91
Balance pre-acquisition 30.51.91
Conversion impact: 22.48 CS shares to one UBS share 29.1
Balance post-acquisition 1.4
Forfeited post-acquisition(0.3)
Balance at end of period 1.1
   of which vested 0.2
   of which unvested 0.9
1
Included cancellation of awards as instructed by the Swiss Federal Department of Finance.
Performance shares | Performance share awards  
Share-based compensation disclosures  
Share-based award activities
Performance share award activities
  202320222021
Number of
performance
share
awards
in million
Weighted-
average
grant-date
fair value
in CHF
Number of
performance
share
awards
in million
Weighted-
average
grant-date
fair value
in CHF
Number of
performance
share
awards
in million
Weighted-
average
grant-date
fair value
in CHF
Performance share awards   
Balance at beginning of period 42.19.9373.811.6788.011.67
Granted pre-acquisition(5.9)18.4512.92,3(14.47)327.412.71
Settled pre-acquisition(4.2)10.67(29.7)11.70(33.2)12.50
Forfeited pre-acquisition(2.8)10.18(4.9)11.00(8.4)11.78
Balance pre-acquisition 29.210.1142.19.9373.811.67
Conversion impact: 22.48 CS shares to one UBS share 27.9
Balance post-acquisition 1.3
Settled post-acquisition(0.4)
Forfeited post-acquisition(0.2)
Balance at end of period 0.7
   of which vested 0.313.510.4
   of which unvested 0.428.663.4
1
Included cancellation of awards as instructed by the Swiss Federal Department of Finance.
2
Included an adjustment for performance share awards granted in the fourth quarter of 2022 to compensate for the proportionate dilution of Credit Suisse Group AG shares resulting from the rights offering approved on November 28, 2022. The number of deferred share-based awards held by each individual was increased by 5.64%. The terms and conditions of the adjusted shares were the same as the existing share-based awards, thereby ensuring that holders of the awards were neither advantaged nor disadvantaged by the additional performance shares granted.
3
Included downward adjustment applied to outstanding performance share awards.