<SEC-DOCUMENT>0001213900-24-035439.txt : 20240423
<SEC-HEADER>0001213900-24-035439.hdr.sgml : 20240423
<ACCEPTANCE-DATETIME>20240423171332
ACCESSION NUMBER:		0001213900-24-035439
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		7
CONFORMED PERIOD OF REPORT:	20240423
FILED AS OF DATE:		20240423
DATE AS OF CHANGE:		20240423

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CREDIT SUISSE AG
		CENTRAL INDEX KEY:			0001053092
		STANDARD INDUSTRIAL CLASSIFICATION:	SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
		ORGANIZATION NAME:           	02 Finance
		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:		24865801

	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>ea0204419-6k_credit.htm
<DESCRIPTION>REPORT OF FOREIGN PRIVATE ISSUER
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>UNITED
STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Washington,
D.C. 20549</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>Form
6-K</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">For
the month of April, 2024</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Commission
File Number 001-33434</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 24pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt"><B>CREDIT
SUISSE AG</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Translation
of Registrant&rsquo;s Name Into English)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Paradeplatz
8, CH-8001 Zurich, Switzerland</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Address
of Principal Executive Offices)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; 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="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Explanatory
note</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
report on Form 6-K contains the exhibits set forth below. This report on Form 6-K and such exhibits are hereby incorporated by reference
into Registration Statement No. 333-272539 of Credit Suisse AG.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="width: 9%; padding-right: -6pt; text-align: justify"><FONT STYLE="font-size: 10pt">Exhibit 5.1:</FONT></TD>
    <TD STYLE="width: 1%; padding-right: -6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 90%; padding-right: -6pt; text-align: justify"><FONT STYLE="font-size: 10pt"><A HREF="ea020441901ex5-1_credit.htm">Opinion of Latham &amp; Watkins LLP, U.S. counsel to the Company, with respect to the validity of the Notes under New York law.</A></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: -6pt; text-align: justify"><FONT STYLE="font-size: 10pt">Exhibit 5.2:</FONT></TD>
    <TD STYLE="padding-right: -6pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: -6pt; text-align: justify"><FONT STYLE="font-size: 10pt"><A HREF="ea020441901ex5-2_credit.htm">Opinion of Homburger AG, Swiss counsel to the Company, with respect to the Notes, as to certain matters under Swiss law.</A></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CREDIT SUISSE AG&nbsp;</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    </TR>
  <TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date: April 23, 2024</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Theis Wenke</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="width: 61%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; width: 4%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp;</FONT></TD>
    <TD STYLE="width: 31%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Theis Wenke</FONT></TD>
    </TR>
  <TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Authorized Officer</FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="4"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Christopher Chadie</FONT></TD>
    </TR>
  <TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Christopher Chadie</FONT></TD>
    </TR>
  <TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Authorized Officer</FONT></TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">2</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>2
<FILENAME>ea020441901ex5-1_credit.htm
<DESCRIPTION>OPINION OF LATHAM & WATKINS LLP, U.S. COUNSEL TO THE COMPANY, WITH RESPECT TO THE VALIDITY OF THE NOTES UNDER NEW YORK LAW
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0"><B>Exhibit 5.1</B></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="vertical-align: middle; text-align: left"><IMG SRC="ex5-1_001.jpg" ALT="" STYLE="height: 13px; width: 250px">&nbsp;</TD>
    <TD COLSPAN="2">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">1271 Avenue of the Americas</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">New York, New York&nbsp;&nbsp;10020-1401</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Tel: +1.212.906.1200&nbsp;&nbsp;Fax: +1.212.751.4864</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">www.lw.com</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">FIRM / AFFILIATE OFFICES</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 64%">&nbsp;</TD>
    <TD STYLE="width: 18%"><FONT STYLE="font-size: 10pt">Austin</FONT></TD>
    <TD STYLE="width: 18%"><FONT STYLE="font-size: 10pt">Milan</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Beijing</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Munich</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Boston</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">New York</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Brussels</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Orange County</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Century City</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Paris</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Chicago</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Riyadh</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Dubai</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">San Diego</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">D&uuml;sseldorf</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">San Francisco</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Frankfurt</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Seoul</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Hamburg</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Silicon Valley</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Hong Kong</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Singapore</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Houston</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Tel Aviv</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">London</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Tokyo</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Los Angeles</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Washington, D.C.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Madrid</FONT></TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">April 23, 2024</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Credit Suisse AG</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Paradeplatz 8</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">CH 8001 Zurich, Switzerland</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">To the addressee set forth above:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Credit Suisse AG, a corporation
organized under the laws of Switzerland (the &ldquo;<U>Company</U>&rdquo;), has filed with the Securities and Exchange Commission (the
&ldquo;<U>Commission</U>&rdquo;) a Registration Statement on Form F-3 (File No. 333-272539) (the &ldquo;<U>Registration Statement</U>&rdquo;)
for the purpose of registering under the Securities Act of 1933, as amended (the &ldquo;<U>Securities Act</U>&rdquo;), among other securities,
the Company&rsquo;s Medium-Term Notes to be issued from time to time by the Company through its Nassau branch. These securities include
the notes identified in Exhibit A attached hereto (the &ldquo;<U>Notes</U>&rdquo;). These Notes are to be issued pursuant to the Senior
Indenture dated as of March 29, 2007 (as amended and supplemented from time to time and in effect as of the date hereof, the &ldquo;<U>Indenture</U>&rdquo;)
between the Company and The Bank of New York Mellon (formerly known as The Bank of New York), as trustee (the &ldquo;<U>Trustee</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">We, as your special United
States counsel, have examined originals or copies of such documents, corporate records, certificates of public officials and other instruments
as we have deemed necessary or advisable for the purpose of rendering this opinion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In rendering the opinion expressed
herein, we have, without independent inquiry or investigation, assumed that (i) all documents submitted to us as originals are authentic
and complete, (ii) all documents submitted to us as copies conform to authentic, complete originals, (iii) all signatures on all documents
that we reviewed are genuine, (iv) all natural persons executing documents had and have the legal capacity to do so, (v) all statements
in certificates of public officials and all statements as to factual matters in certificates of officers of the Company that we reviewed
were and are accurate and (vi) all representations made by the Company as to matters of fact in the documents that we reviewed were and
are accurate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Based upon the foregoing,
and subject to the additional assumptions and qualifications set forth below, we advise you that, in our opinion, the Notes, when duly
executed, authenticated and issued and delivered in accordance with the terms of the Indenture and the distribution agreement against
payment therefor, will constitute valid and binding obligations of the Company, enforceable against the Company in accordance with their
terms, subject to (i) applicable bankruptcy, insolvency and similar laws affecting creditors&rsquo; rights generally, (ii) possible judicial
or regulatory actions giving effect to governmental actions or foreign laws affecting creditors&rsquo; rights and (iii) concepts of reasonableness
and equitable principles of general applicability (including, without limitation, concepts of good faith, fair dealing and the lack of
bad faith), <I>provided</I> that we express no opinion as to the effect of fraudulent conveyance, fraudulent transfer or similar provision
of applicable law on the conclusions expressed above or the validity, legally binding effect or enforceability of any provision that permits
holders to collect any portion of the stated principal amount upon acceleration of the Notes to the extent determined to constitute unearned
interest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"></P>

<!-- Field: Page; Sequence: 1; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>April 23, 2024</B></P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"><IMG SRC="ex5-1_002.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In connection with the opinion
expressed above, we have assumed that, at or prior to the time of the delivery of any such Notes, (i) the terms of such Notes shall have
been duly established under the Indenture, and such Notes, and the offer, sale and issuance of such Notes shall have been duly authorized
by the Company and such authorization shall not have been modified or rescinded; (ii) the Company is, and shall remain, validly existing
as a corporation in good standing under the laws of Switzerland; (iii) the Trustee is, and shall remain, validly existing and in good
standing under the laws of the jurisdiction of its organization; (iv) the effectiveness of the Registration Statement under the Securities
Act and the qualification of the Indenture under the Trust Indenture Act of 1939, as amended, shall not have been terminated or rescinded;
(v) the Indenture has been duly authorized, executed and delivered by, and is a valid, binding and enforceable agreement of, the Company
and the Trustee; (vi) the execution and delivery of the Indenture and such Notes by each party thereto, and the performance by each such
party of its obligations thereunder, are within its corporate powers, do not and will not contravene, or constitute a default under, its
articles of association, articles of incorporation, bylaws or any other constitutive documents and require no action by or in respect
of, or filing with, any governmental body, agency or official; and (vii) there shall not have occurred any change in law affecting the
validity or enforceability of the Indenture or the Notes. We have also assumed that none of the terms of any Notes to be established subsequent
to the date hereof, nor the issuance and delivery of such Notes, nor the compliance by the Company with the terms of such Notes, will
violate any applicable law or public policy or will result in a violation of any provision of any instrument or agreement then binding
upon the Company or of any restriction imposed by any court or governmental body having jurisdiction over the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">We express no opinion as to
(x) provisions in the Indenture that purport to waive objections to venue, claims that a particular jurisdiction is an inconvenient forum
or the like, (y) whether a United States federal court would have subject-matter or personal jurisdiction over a controversy arising under
the Notes or (z) the effectiveness of any service of process made other than in accordance with applicable law.&nbsp;&nbsp;In addition,
we note that the enforceability in the United States of Section 10.08(c) of the Indenture is subject to the limitations set forth in the
United States Foreign Sovereign Immunities Act of 1976.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">We express no opinion as to
(i) whether a New York State or United States federal court would render or enforce a judgment in a currency other than U.S. Dollars or
(ii) the exchange rate that such a court would use in rendering a judgment in U.S. Dollars in respect of an obligation in any other currency.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">We are members of the Bar
of the State of New York, and we express no opinion as to the laws of any jurisdiction other than the laws of the State of New York.&nbsp;&nbsp;Insofar
as the foregoing opinion involves matters governed by Swiss law, we have relied, without independent inquiry or investigation, on the
opinions of Homburger AG, Swiss legal counsel for the Company, dated April 23, 2024, to be filed by the Company with the Commission as
exhibits to a Current Report on Form 6-K concurrently with this opinion, and our opinion is subject to the same assumptions, qualifications,
and limitations set forth therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">We hereby consent to the filing
of this opinion as an exhibit to a Current Report on Form 6-K to be filed by the Company with the Commission on the date hereof and its
incorporation by reference into the Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In giving our consent above,
we do not admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 3.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 60%">&nbsp;</TD>
  <TD STYLE="width: 40%">Sincerely,</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>/s/ Latham &amp; Watkins LLP</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 3.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 2; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>April 23, 2024</B></P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><IMG SRC="ex5-1_002.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Exhibit A to Latham &amp; Watkins LLP opinion dated
April 23, 2024 to Credit Suisse AG</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center; border-bottom: Black 1.5pt solid">Title of Notes</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="text-align: center; border-bottom: Black 1.5pt solid">Date of Pricing<BR>
Supplement</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="text-align: center; border-bottom: Black 1.5pt solid">Pricing<BR>
Supplement No.</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1.5pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">Number of</P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">additional<BR>
ETNs</P></TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="text-align: center; border-bottom: Black 1.5pt solid">CUSIP</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 41%; text-align: center; padding-left: 5.4pt">Credit Suisse X-Links<SUP>&reg;</SUP> Crude Oil Shares Covered Call ETNs due April 24, 2037</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 18%; text-align: center; padding-left: 5.4pt">April 18, 2024</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 13%; text-align: center; padding-left: 5.4pt">ETN-20/A20</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 9%; text-align: right">500,000</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 13%; text-align: center">22539U602</TD></TR>
  </TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.2
<SEQUENCE>3
<FILENAME>ea020441901ex5-2_credit.htm
<DESCRIPTION>OPINION OF HOMBURGER AG, SWISS COUNSEL TO THE COMPANY, WITH RESPECT TO THE NOTES, AS TO CERTAIN MATTERS UNDER SWISS LAW
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin-top: 0; margin-bottom: 0"><B>Exhibit 5.2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><IMG SRC="ex5-2_001.jpg" ALT="" STYLE="height: 19px; width: 100px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 60%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">To:</FONT></TD>
    <TD STYLE="width: 40%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Homburger AG</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Credit Suisse AG</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Prime Tower</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Paradeplatz 8</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Hardstrasse 201</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">P.O. Box</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CH&ndash;8005 Zurich</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8070 Zurich</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Switzerland</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">T +41 43 222 10 00</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">F +41 43 222 15 00</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">lawyers@homburger.ch</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Zurich, April&nbsp;23, 2024</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Credit Suisse AG, acting through its Nassau branch | U.S. Medium-Term
Note Program under the Credit Suisse AG U.S. Shelf Registration Statement on Form F-3</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Credit Suisse X-Links&reg; Crude Oil Shares Covered Call ETNs due
April 24, 2037 (CUSIP 22539U602)</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We, Homburger AG, have acted as special Swiss counsel to Credit Suisse
AG (<B>Credit Suisse</B>), a Swiss bank, in connection with the issuance by Credit Susise, acting through its Nassau Branch (the <B>Issuing
Branch</B>), of 500,000 additional Credit Suisse X-Links&reg; Crude Oil Shares Covered Call ETNs due April&nbsp;24, 2037 (CUSIP 22539U602)
(the <B>Notes</B>, which expression, unless the context otherwise requires, includes the Global Note (as defined below)), under the Senior
Indenture dated as of March&nbsp;29, 2007 (the <B>Base Indenture</B>), between Credit Suisse and The Bank of New York Mellon, as trustee
(in such capacity, the <B>Trustee</B>), as supplemented by the Second Supplemental Indenture dated as of March&nbsp;25, 2009 (the <B>Second
Supplemental Indenture</B>), and the Third Supplemental Indenture dated as of September&nbsp;9, 2020 (the <B>Third Supplemental Indenture</B>
and, together with the Base Indenture and the Second Supplemental Indenture, the <B>Indenture</B>), between Credit Suisse and the Trustee.
As such counsel, we have been requested to give our opinion as to certain matters of Swiss law relating to the Notes.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 21.25pt">I.</TD><TD STYLE="text-align: justify">Basis of Opinion</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This opinion is confined to and given on the basis of the laws of Switzerland
in force at the date hereof. Such laws and the interpretation thereof are subject to change. This opinion is also confined to the matters
stated herein and the Documents (as defined below), and is not to be read as extending, by implication or otherwise, to any agreement
or other document referred to in any of the Documents (including, in the case of the Prospectus (as defined below), any document incorporated
by reference therein or exhibited thereto) or any other matter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><IMG SRC="ex5-2_002.jpg" ALT="" STYLE="height: 49px; width: 40px"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><IMG SRC="ex5-2_001.jpg" ALT="" STYLE="height: 19px; width: 100px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">For purposes of this opinion, we have not conducted any due diligence
or similar investigation as to factual circumstances that are or may be referred to in the Documents, and we express no opinion as to
the accuracy of representations and warranties of facts set out in the Documents or the factual background assumed therein.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">For purposes of this opinion, we have only reviewed the following documents
(collectively, the <B>Documents</B>):</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(i)</TD><TD STYLE="text-align: justify">an electronic copy of the executed Distribution Agreement dated May&nbsp;7, 2007, between Credit&nbsp;Suisse Securities (USA) LLC,
as distributor, and Credit Suisse (as amended by Amendment No. 1 dated January&nbsp;11, 2008, the <B>Distribution Agreement</B>);</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(ii)</TD><TD STYLE="text-align: justify">an electronic copy of the executed Base Indenture;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(iii)</TD><TD STYLE="text-align: justify">an electronic copy of the executed Second Supplemental Indenture;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(iv)</TD><TD STYLE="text-align: justify">an electronic copy of the executed Third Supplemental Indenture (together with the Distribution Agreement, the Base Indenture and
the Second Supplemental Indenture, the <B>Transaction Agreements</B>);</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(v)</TD><TD STYLE="text-align: justify">an electronic copy of the global note representing the Notes, dated April 28, 2017 (the <B>Global Note</B>), executed by Credit Suisse;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(vi)</TD><TD STYLE="text-align: justify">an electronic copy of the prospectus dated June&nbsp;26, 2023 (the <B>Base Prospectus</B>);</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(vii)</TD><TD STYLE="text-align: justify">an electronic copy of the prospectus supplement to the Base Prospectus, dated June&nbsp;26, 2023 (the <B>Prospectus Supplement</B>);</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(viii)</TD><TD STYLE="text-align: justify">an electronic copy of pricing supplement No. ETN-20/A20 to the Prospectus Supplement and the Base Prospectus, dated April 18, 2024
(together with the Base Prospectus and the Prospectus Supplement, the <B>Prospectus</B>);</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(ix)</TD><TD STYLE="text-align: justify">an electronic copy of the executed Officer&rsquo;s Certificate dated June&nbsp;18, 2020, issued by Credit&nbsp;Suisse pursuant to
Sections 2.02, 10.03 and 10.04 of the Indenture;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(x)</TD><TD STYLE="text-align: justify">a certified excerpt from the Commercial Register of the Canton of Zurich (the <B>Commercial Register</B>) for Credit Suisse, dated
April&nbsp;19, 2024 (the <B>Excerpt</B>);</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(xi)</TD><TD STYLE="text-align: justify">a copy of the articles of association (<I>Statuten</I>) of Credit Suisse in their version as of (A)&nbsp;April&nbsp;19, 2006 (the<B>&nbsp;2006
Articles</B>), (B)&nbsp;August&nbsp;26, 2008 (the <B>2008&nbsp;Articles</B>), (C)&nbsp;September&nbsp;4, 2014 (the <B>2014&nbsp;Articles</B>),
and (D)&nbsp;March&nbsp;4, 2024 (the <B>2024&nbsp;Articles</B>);</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(xii)</TD><TD STYLE="text-align: justify">an electronic copy of (A)&nbsp;the Organizational Guidelines and Regulations of Credit Suisse, valid as of January&nbsp;1, 2006 (the
<B>2006&nbsp;Regulations</B>), (B)&nbsp;the Organizational Guidelines and Regulations of Credit Suisse Group AG and Credit Suisse, valid
as of (u)&nbsp;March&nbsp;24, 2009 (the <B>2009&nbsp;Regulations</B>), (v)&nbsp;April&nbsp;25, 2019 (the <B>2019 Regulations</B>), (w)&nbsp;August&nbsp;20,
2020 (the <B>2020&nbsp;Regulations</B>), (x)&nbsp;April&nbsp;1, 2021 (the <B>2021&nbsp;Regulations</B>), (y)&nbsp;March&nbsp;8, 2022 (the
<B>2022&nbsp;Regulations</B>), and (z)&nbsp;January&nbsp;27, 2023 (the <B>2023&nbsp;Group Regulations</B>), (C)&nbsp;the Organizational
Guidelines and Regulations of Credit&nbsp;Suisse, valid as of June&nbsp;12, 2023 (the <B>2023 Regulations</B>), and (D)&nbsp;the Organizational
Guidelines and Regulations of Credit&nbsp;Suisse, valid as of March&nbsp;28, 2024 (the <B>2024 Regulations</B>);</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font-size: 10pt; text-align: right; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence -->/8</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><IMG SRC="ex5-2_001.jpg" ALT="" STYLE="height: 19px; width: 100px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt">(xiii)</TD><TD STYLE="text-align: justify">an electronic copy of (A)&nbsp;the GP-00200 Global Policy Funding Authority within Credit Suisse Group and Credit Suisse effective
as of (x)&nbsp;January&nbsp;1, 2007 (the <B>2007&nbsp;Funding Authority</B>), and (y)&nbsp;December&nbsp;17, 2008 (the <B>2008&nbsp;Funding
Authority</B>), (B)&nbsp;the Global Policy (GP-00200) Funding Authority for Third Party transactions effective as of (x)&nbsp;June<B>&nbsp;</B>4,
2019 (the <B>2019 Funding Authority</B>), and (y)&nbsp;June<B>&nbsp;</B>4, 2021 (the <B>2021 Funding Authority</B>), and (C)&nbsp;the
GP-00157 Credit Suisse Funding Authority for Third Party transactions (version 1.0) effective as of February&nbsp;26, 2024 (the <B>2024
Funding Authority</B>);</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(xiv)</TD><TD STYLE="text-align: justify">an electronic copy of (A)&nbsp;the memorandum of the Chief Financial Officer of Credit Suisse and Credit Suisse Group AG to the members
of the Board of Directors of Credit Suisse and Credit Suisse Group AG, dated February&nbsp;14, 2007 (the <B>February 2007 CFO Approval</B>),
(B)&nbsp;the certificate of R. Fassbind, as CFO, dated May&nbsp;2, 2007 (the <B>May 2007 CFO Approval</B>), (C)&nbsp;the certificate of
R. Fassbind, as Chief Financial Officer of Credit Suisse (<B>CFO</B>), dated March&nbsp;12, 2009 (the <B>2009 CFO Approval</B>), and (D)&nbsp;the
certificate of D.A. Joshi, as CFO, dated June&nbsp;6, 2023 (the <B>2023 CFO Approval</B> and, together with the February 2007 CFO Approval,
the May 2007 CFO Approval and the 2009&nbsp;CFO Approval, the <B>CFO Approvals</B>);</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(xv)</TD><TD STYLE="text-align: justify">an electronic copy of the approval of the Notes, dated April&nbsp;18, 2024, and issued by C. Chadie and T. Wenke (the <B>Upsize Approval</B>);</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(xvi)</TD><TD STYLE="text-align: justify">an electronic copy of the approval of the Notes, dated April&nbsp;15, 2024, and issued by O. Charhon (the <B>Senior SN Business Approval</B>);</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(xvii)</TD><TD STYLE="text-align: justify">an electronic copy of (A)&nbsp;the power of attorney dated March&nbsp;26, 2007, issued by R. Fassbind, as CFO, and R. Enderli, as
Treasurer of Credit Suisse (<B>Treasurer</B>) (the <B>March 2007 Power of Attorney</B>), (B)&nbsp;the power of attorney dated May&nbsp;2,
2007, issued by R. Fassbind, as CFO, and R. Enderli, as Treasurer (the <B>May 2007 Power of Attorney</B>), (C)&nbsp;the power of attorney
dated March&nbsp;20, 2008, issued by R. Fassbind, as CFO, and R. Enderli, as Treasurer (the <B>2008 Power of Attorney</B>), (D)&nbsp;the
power of attorney dated July&nbsp;19, 2019, issued by D.&nbsp;Mathers, as CFO, and D. Wong, as Treasurer (the <B>2019 Power of Attorney</B>),
and (E)&nbsp;the power of attorney dated July&nbsp;22, 2022, issued by D.&nbsp;Mathers, as CFO, and G.M. Martino, as Treasurer (the <B>2022
Power of Attorney</B>);</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(xviii)</TD><TD STYLE="text-align: justify">an electronic copy of the Business Authorisation List &ndash; H1 2024 (Version 24.0), effective as of March&nbsp;4, 2024, which is
the list of Senior SN Business Personnel referred to in the 2024 Funding Authority (the <B>Business Authorization List</B>);</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(xix)</TD><TD STYLE="text-align: justify">an electronic copy of the Secretary&rsquo;s Certificate dated April&nbsp;23, 2024 (including the exhibits thereto, the <B>Secretary&rsquo;s
Certificate</B>), executed by two Corporate Secretaries of Credit Suisse; and</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(xx)</TD><TD STYLE="text-align: justify">an email confirmation from A. Harris dated April&nbsp;23, 2024 (the <B>Confirmation</B>).</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font-size: 10pt; text-align: right; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence -->/8</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><IMG SRC="ex5-2_001.jpg" ALT="" STYLE="height: 19px; width: 100px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">No documents have been reviewed by us in connection with this opinion
other than the Documents. Accordingly, we shall limit our opinion to the Documents and their legal implications under the laws of Switzerland.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In this opinion, Swiss legal concepts are expressed in English terms
and not in their original language. These concepts may not be identical to the concepts described by the same English terms as they exist
under the laws of other jurisdictions. With respect to Documents governed by laws other than the laws of Switzerland, for purposes of
this opinion, we have relied on the plain meaning of the words and expressions contained therein without regard to any import they may
have under the relevant governing law.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 21.25pt">II.</TD><TD STYLE="text-align: justify">Assumptions</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In rendering the opinions below, we have assumed the following:</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(a)</TD><TD STYLE="text-align: justify">all documents produced to us as originals are authentic and complete, and all documents produced to us as copies (including, without
limitation, fax and electronic copies) conform to the original;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(b)</TD><TD STYLE="text-align: justify">all documents produced to us as originals and the originals of all documents produced to us as copies were duly executed and certified,
as applicable, by the individuals purported to have executed or certified, as the case may be, such documents, and any electronic signatures
of Credit Suisse (whether or not acting through an Issuing Branch) on any such document have been affixed thereto by the individual to
whom such electronic signature belongs and such individual has saved and submitted such document as so electronically signed in such a
manner so as to prevent removal or other alteration of such signature;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(c)</TD><TD STYLE="text-align: justify">the Global Note was duly authorized, executed and delivered by Credit Suisse, acting through the Issuing Branch, on or prior to April
28, 2017;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(d)</TD><TD STYLE="text-align: justify">except as expressly opined upon herein, all information contained in the Documents is, and all material statements made to us in connection
with the Documents are, true and accurate, including, without limitation, the statements set forth in:</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 28.35pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(i)</TD><TD STYLE="text-align: justify">the Confirmation as to the following facts:</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(A)</TD><TD STYLE="text-align: justify">the Notes (i)&nbsp;are business-driven structured debt securities within the meaning of the 2024 Funding Authority, (ii)&nbsp;are
offered pursuant to the Base Prospectus and the Prospectus Supplement and (iii)&nbsp;constitute &ldquo;Notes&rdquo; as such term is used
in the Secretary&rsquo;s Certificate;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(B)</TD><TD STYLE="text-align: justify">the copy of the Global Note attached to the Confirmation (or as otherwise provided to Homburger AG by Credit Suisse) is a true and
correct copy of the original document;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(C)</TD><TD STYLE="text-align: justify">each of C. Chadie and T. Wenke was an employee of Credit Suisse or one of its affiliates at the time he issued the Upsize Approval;
and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 4; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font-size: 10pt; text-align: right; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence -->/8</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><IMG SRC="ex5-2_001.jpg" ALT="" STYLE="height: 19px; width: 100px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 28.35pt">(ii)</TD><TD STYLE="text-align: justify">the Secretary&rsquo;s Certificate, including as to the following facts:</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(A)</TD><TD STYLE="text-align: justify">the 2024 Articles continue in full force and effect and have not been amended;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(B)</TD><TD STYLE="text-align: justify">the 2014 Articles were in full force and effect and had not been amended as of the dates of the Third Supplemental Indenture, the
Base Prospectus and the Prospectus Supplement;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(C)</TD><TD STYLE="text-align: justify">the 2008 Articles were in full force and effect and had not been amended as of the date of the Second Supplemental Indenture;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(D)</TD><TD STYLE="text-align: justify">the 2006 Articles were in full force and effect and had not been amended as of the dates of the Base Indenture and the Distribution
Agreement;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(E)</TD><TD STYLE="text-align: justify">the 2024 Regulations continue in full force and effect and have not been amended;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(F)</TD><TD STYLE="text-align: justify">the 2023 Regulations were in full force and effect and had not been amended as of the dates of the Base Prospectus and the Prospectus
Supplement;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(G)</TD><TD STYLE="text-align: justify">the 2023 Group Regulations were in full force and effect and had not been amended as of the date of the 2023 CFO Approval;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(H)</TD><TD STYLE="text-align: justify">the 2022 Regulations were in full force and effect and had not been amended as of the date of the 2022 Power of Attorney;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(I)</TD><TD STYLE="text-align: justify">the 2021 Regulations were in full force and effect and had not been amended as of the date of the 2021 Funding Authority;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(J)</TD><TD STYLE="text-align: justify">the 2020 Regulations were in full force and effect and had not been amended as of the date of the Third Supplemental Indenture;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(K)</TD><TD STYLE="text-align: justify">the 2019 Regulations were in full force and effect and had not been amended as of the dates of the 2019 Funding Authority and the
2019 Power of Attorney;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(L)</TD><TD STYLE="text-align: justify">the 2009 Regulations were in full force and effect and had not been amended as of the date of the Second Supplemental Indenture;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(M)</TD><TD STYLE="text-align: justify">the 2006 Regulations were in full force and effect and had not been amended as of the dates of the Base Indenture, the Distribution
Agreement, the 2007 Funding Authority, the 2008 Funding Authority, the February 2007 CFO Approval, the March 2007 Power of Attorney, the
May 2007 Power of Attorney, the May 2007 CFO Approval, the 2008 Power of Attorney, and the 2009 CFO Approval;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(N)</TD><TD STYLE="text-align: justify">the 2024 Funding Authority, the CFO Approvals, the Upsize Approval, the Senior SN Business Approval, the 2022 Power of Attorney and
the Business Authorization List continue in full force and effect and have not been amended;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 5; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font-size: 10pt; text-align: right; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence -->/8</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><IMG SRC="ex5-2_001.jpg" ALT="" STYLE="height: 19px; width: 100px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 56.7pt"></TD><TD STYLE="width: 28.35pt">(O)</TD><TD STYLE="text-align: justify">the 2021 Funding Authority was in full force and effect and had not been amended as of the dates of the Base Prospectus, the Prospectus
Supplement, the 2023 CFO Approval and the 2022 Power of Attorney;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(P)</TD><TD STYLE="text-align: justify">the 2019 Funding Authority was in full force and effect and had not been amended as of the dates of the Third Supplemental Indenture
and the 2019 Power of Attorney;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(Q)</TD><TD STYLE="text-align: justify">the 2008 Funding Authority was in full force and effect and had not been amended as of the dates of the Second Supplemental Indenture
and the 2009 CFO Approval;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(R)</TD><TD STYLE="text-align: justify">the 2007 Funding Authority was in full force and effect and had not been amended as of the dates of the Base Indenture, the Distribution
Agreement, the February 2007 CFO Approval, the March 2007 Power of Attorney, the May 2007 Power of Attorney, the May 2007 CFO Approval
and the 2008 Power of Attorney;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(S)</TD><TD STYLE="text-align: justify">the 2019 Power of Attorney was in full force and effect and had not been amended as of the date of the Third Supplemental Indenture;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(T)</TD><TD STYLE="text-align: justify">the 2008 Power of Attorney was in full force and effect and had not been amended as of the date of the Second Supplemental Indenture;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(U)</TD><TD STYLE="text-align: justify">the May 2007 Power of Attorney was in full force and effect and had not been amended as of the date of the Distribution Agreement;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(V)</TD><TD STYLE="text-align: justify">the March 2007 Power of Attorney was in full force and effect and had not been amended as of the date of the Base Indenture;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(W)</TD><TD STYLE="text-align: justify">the Excerpt is correct and complete other than with respect to any changes to the signatories registered with the Commercial Register
(including, without limitation, the addition or removal of any such signatory) that have occurred since the date of the Excerpt;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(X)</TD><TD STYLE="text-align: justify">the Distribution Agreement has not been amended and continues in full force and effect;</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(Y)</TD><TD STYLE="text-align: justify">the Base Indenture has not been amended (other than by the Second Supplemental Indenture, the Third Supplemental Indenture, the first
supplemental indenture dated as of May&nbsp;6, 2008, and any other supplements thereto relating to note issuances thereunder that do not
constitute Notes) and the Indenture continues in full force and effect; and</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 56.7pt"></TD><TD STYLE="text-align: justify; width: 28.35pt">(Z)</TD><TD STYLE="text-align: justify">immediately after giving effect to the issuance of the Notes, the aggregate issuance amount, as measured by the aggregate offering
price, of (x)&nbsp;medium-term notes (including the Notes) issued pursuant to the Prospectus Supplement, including any supplement thereto,
will not exceed USD&nbsp;62 billion and (y)&nbsp;securities (including the Notes) issued pursuant to the U.S. registration statement on
Form F-3 of which the Base Prospectus forms a part, will not exceed USD&nbsp;62 billion, in each case in accordance with the 2023 CFO
Approval.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 6; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font-size: 10pt; text-align: right; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence -->/8</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><IMG SRC="ex5-2_001.jpg" ALT="" STYLE="height: 19px; width: 100px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt">III.</TD><TD STYLE="text-align: justify">Opinion</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Based on the foregoing and subject to the qualifications set out below,
we are of the opinion that:</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">1.</TD><TD STYLE="text-align: justify">Credit Suisse is a corporation (<I>Aktiengesellschaft</I>) duly incorporated and validly existing under the laws of Switzerland.</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">2.</TD><TD STYLE="text-align: justify">Credit Suisse has the necessary corporate power and authority to, acting through the Issuing Branch, issue the Notes.</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">3.</TD><TD STYLE="text-align: justify">Credit Suisse has taken all necessary corporate action to authorize the Notes.</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 21.25pt">IV.</TD><TD STYLE="text-align: justify">Qualifications</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The above opinions are subject to the following qualifications:</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(a)</TD><TD STYLE="text-align: justify">The lawyers of our firm are members of the Zurich bar and do not hold themselves out to be experts in any laws other than the laws
of Switzerland. Accordingly, we are opining herein as to Swiss law only, based on our independent professional judgment, and we express
no opinion with respect to the applicability or the effect of the laws of any other jurisdiction to or on the matters covered herein.</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(b)</TD><TD STYLE="text-align: justify">We express no opinion on the legality, validity or enforceability of any of the provisions of any Transaction Agreement or the Notes
or the performance of the obligations assumed by Credit Suisse thereunder.</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(c)</TD><TD STYLE="text-align: justify">We express no opinion as to the accuracy or completeness of the information set out in the Prospectus.</TD></TR></TABLE>

<P STYLE="text-align: justify; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: justify; width: 0"></TD><TD STYLE="text-align: justify; width: 28.35pt">(d)</TD><TD STYLE="text-align: justify">Further, we express no opinion as to tax matters, regulatory matters or as to any commercial, accounting, calculating, auditing or
other non-legal matter.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">* * *</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"></P>

<!-- Field: Page; Sequence: 7; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font-size: 10pt; text-align: right; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence -->/8</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; text-indent: 0in"><IMG SRC="ex5-2_001.jpg" ALT="" STYLE="height: 19px; width: 100px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have issued this opinion as of the date hereof and we assume no
obligation to advise you of any changes in fact or in law that are made or brought to our attention after the date hereof. This opinion
is addressed to you for your benefit, and is not to be relied upon by any other person without our express consent, except that it may
be relied upon by initial purchasers of the Notes and by Latham &amp; Watkins LLP for purposes of issuing its opinion to you as of the
date hereof with respect to certain matters of the laws of the State of New York and U.S. federal law pertaining to the Notes.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We hereby consent to the filing of this opinion with the U.S. Securities
and Exchange Commission as an exhibit to a report on Form 6-K to be filed by Credit Suisse on or around the date hereof. In giving such
consent, we do not admit that we are in the category of persons whose consent is required under Section&nbsp;7 of the U.S. Securities
Act of 1933, as amended. Save as aforementioned, this opinion may not be transmitted by you to any other person, quoted or referred to
in any public document or filed with anyone, in each case, without our express consent.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This opinion is governed by and shall be construed in accordance with
the laws of Switzerland. We confirm our understanding that all disputes arising out of or in connection with this opinion shall be subject
to the exclusive jurisdiction of the courts of the Canton of Zurich, Switzerland, venue being the City of Zurich.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Sincerely yours,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">/s/ HOMBURGER AG</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 35%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">HOMBURGER AG</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 8; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font-size: 10pt; text-align: right; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence -->/8</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>ex5-1_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ex5-1_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  ^ Z(# 2(  A$! Q$!_\0
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MCZFH_P#A"O#/_0#L?^_(KAEAYMM\Q]12SG#PIQBZ5VDNQ\R?\)'K7_06O/\
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MQIF6QE^8@<[&X/ZXK'V7[CSW/26/OFEK^[\/]?,YKX'ZWY&JWVBR/\EPGGQ
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MSO?NY_D/2NH^$OA*R\0ZU)>WTL3Q6)#"T)^:1NS$?W1_.LI3=5J$=CMH8>&
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M>5)&2#]**.>OV(>'RF_Q_B>8]J^IOAY_R3_1?^O?^IKY9[5]3?#S_DG^B_\
M7O\ U-1A/B9U\0_P(>OZ'34445Z)\8%%%% !7S]\:=;-_P"*H=,C;,-A%\P!
M_P"6C<G\ABO>KV[CL;&>[F(6*&-I&/L!FOD;5=0DU75KO4)22]Q*TAS[G@?E
M7)BIVCR]SZ+(</SUG5>T?S9Z9\$=%5]3O==N-JQP+]G@+'&7;EC^7'XU[?\
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ME=_8/%^DW.<!+I,GV)Q7UG7QM%(8I8Y5ZHP8?@<U]@:?<?:]-M;C.?-A1_S
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M'\TJA;)(''4>M>\T\+!Q3;%GN*A5G"$'=+4*:[*B,[$!5&23V%.K \:-=_\
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144 %%%% !1110 4444 ?_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>ex5-1_002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ex5-1_002.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  , *,# 2(  A$! Q$!_\0
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;VTOO&0^;Y$?G;1+M&_9TW8YQ[9HI]%48G__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>ex5-2_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ex5-2_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  J . # 2(  A$! Q$!_\0
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M%<WHT$L?B[797B=8W\K8Y4@-QV/>N6B_<GZ?JB([,Z2N3^'_ /R!;S_K]?\
M]!6NLKE_ L$UOI%VL\4D3&\=@'4J2-J\\TX/]S/U7Z@OA9'HO_(^:[_N)_(5
MUE>?3_VKIWC34=4M+*6:!-HE0*?WB$#.WUP1_GFMD^/=("X"71EQ_JO*^;/I
MUK>O0G-QE!7T6WH5*+>J(-5Y^)&CA?O>0V<=<?/_ /7I/%__ ",7AC_KZ_\
M9XZF\/V5Y?ZU<>(=1@: NOEVT+]57U/^>Y]J=XUT^YN+.UOK.,R36,OF; ,D
MCC.!WY JXRBJT(-[*WS:?^8T_>2.HKE_$1'_  E/AL9Y\V7_ -EID?C_ $N2
M)=L%VUP1CR5CR=WIUK->'6;WQ5I&IWUJ\,3R$1P $^2@QRQ[$Y[^E9T:$Z<G
M*IIH]^NC%&+3U-'XA_\ (MI_U\+_ ":NH@_X]XO]P?RKF_'MO-<^'D2"*25_
M/4[44L<8/I720 B",'@[1_*LIO\ <0]7^@G\*.1U!@/B=IOG?=^S$)GIG#_U
MKLJY[Q/H,NJ+!>6+B/4+5MT1/ ;G./S'%5+?Q1JT<)CO/#E\URO!:&,E&/UQ
MQ^M7*'MH1<-TK-7_ ,QM<R5AGCN10-(C/WVNPP^@Z_S%6?'N[_A%I<9QYJ9^
MF?\ ]5<UK\6JW-S8:IJJ);[[A(H+4')1>I)]^G_UJ[[5].35M*N+%SM$JX#>
MAZ@_F!6KM1]DV[V;O]X_AL<Y;6?C+[+#Y.IZ;Y6Q=GRG[N./X*+G2_&5W:RV
M\VHZ<T4J%'&TC((P?X*;I7B(Z!:QZ7KUO-;O!^[CG"%D=1TY']*74/%;ZJK:
M?X=BGGN)?E-P%*K&/7GI]3BKM6Y](QMWLK>M[C]Z^QLZ+ITVD^&8[&X9&EB1
M]QC)*\LQXR!ZUG^ ?^173_KJ];L,$MOI*02RM-,D.UY&.2[8Y/YUC>!X)K?P
MVD<\3Q/YKG:ZE3^1KF<N:E-MZMK]2+Z,Z2BBBN,@**** "D"JN=J@9.3@=:6
MB@ HHHH **** "BBB@ I-J[MV!NQC..<4M% !1110 FU0Q8*-QZG'-+110 4
M444 8/B.?5;$VM_IX:6"%C]IMU&2ZG'(XSQS44/CG09(PTET\+=T>%B1^0(K
MHZKR6%G-)YDMI []=S1@G\ZZ(SIN*C..W5:?>4FK:G(23-XRU^S-K'(-+L7\
MQY77 D;(.!^0_,UV](JJBA54*HZ # %+4U:O/9)62V!NXA 8$$ @]C0JA1A0
- !V%+16)(4444 ?_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>ex5-2_002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ex5-2_002.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !* #P# 2(  A$! Q$!_\0
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M@"LS!&V[)&.,_)&S?R%-\P?\\I_^_#_X5H6XP[_0?UJ>@#(\U<C*3+DXRT3
M?F14NVK5[_Q[_P# T_\ 0A4>R@!]H,;_ ,*LU# ,;OPJ:@!&&5-1;:FHQ0!%
M&,2O_NC^M2T@4!BW<@"EH @N^8!_UT3_ -"%+MJ21!(H4YQD'CV.?Z4[% #$
8&,T^BB@ HHHH **** "BBB@ HHHH __9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
