New Issue: Credit Suisse sells $575,000 buffered accelerated return notes on S&P, Dow

Chicago, May 11 – Credit Suisse AG, London Branch priced $575,000 of 0% buffered accelerated return equity securities due June 21, 2028 linked to the lowest performing of the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the least-performing index return is positive, the payout at maturity will be par plus 150% of that return.

Investors will receive par if the least-performing index falls by 20% or less and will lose 1% for every 1% of its decline beyond 20%.

Credit Suisse Securities (USA) LLC is the agent.

Issuer:	Credit Suisse AG, London Branch
Issue:	Buffered accelerated return equity securities
Underlying indexes:	S&P 500, Dow Jones industrial average
Amount:	$575,000
Maturity:	June 21, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	If index return of least-performing index is positive, par plus 150% of that return; par if least-performing index declines by 20% or less; 1% loss for every 1% that least-performing index declines beyond 20%
Initial index levels:	3735.48 for S&P, 30364.83 for Dow
Buffer levels:	2988.384 for S&P, 24291.864 for Dow; 80% of initial levels
Strike date:	June 14, 2022
Pricing date:	June 16, 2022
Settlement date:	June 21, 2022
Agent:	Credit Suisse Securities (USA) LLC
Fees:	0.25%
Cusip:	22553Q6W2

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