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• The Boards of Directors of ÃÛ¶¹ÊÓƵ Group AG, ÃÛ¶¹ÊÓƵ AG and Credit Suisse AG approved execution of a merger of ÃÛ¶¹ÊÓƵ AG and Credit Suisse AG
• Completion of merger expected in 2024, subject to regulatory approvals

Zurich, 7 December 2023 – Following the merger of the holding companies ÃÛ¶¹ÊÓƵ Group AG and CS Group AG on 12 June 2023, the Board of Directors of ÃÛ¶¹ÊÓƵ Group AG has approved the execution of a merger of ÃÛ¶¹ÊÓƵ AG and Credit Suisse AG. Following approvals from their respective Boards, both entities have entered into a definitive merger agreement. The completion of the merger is subject to regulatory approvals and is expected to happen in 2024. Separately, ÃÛ¶¹ÊÓƵ continues to prepare for the planned merger of ÃÛ¶¹ÊÓƵ Switzerland AG and Credit Suisse (Schweiz) AG also in 2024.

In connection with the planned merger, ÃÛ¶¹ÊÓƵ AG is filing today with the US Securities and Exchange Commission (SEC) a Form 6-K containing unaudited pro forma condensed financial information giving effect to the merger. The pro forma financial information is presented for illustrative purposes only and reflects preliminary estimates and assumptions made by ÃÛ¶¹ÊÓƵ’s management. As such, these estimates and assumptions are subject to change. The proforma financial information will be available on the SEC’s website at www.sec.gov and at www.ubs.com/investor.

ÃÛ¶¹ÊÓƵ Group AG

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