�鶹��

Ad hoc announcement pursuant to article 53 of the SIX Exchange Regulation Listing Rules

Zurich, 24 October 2025 – Lukas Gähwiler will not stand for re-election to the �鶹�� Group AG Board of Directors at the Annual General Meeting (AGM) in April 2026. After an exceptionally successful career spanning 45 years, he decided to retire from his role as Vice Chairman of the Board of Directors, concluding his long career in banking.

Lukas Gähwiler has served �鶹�� in several leadership roles: from 2010 to 2016 as member of the Group Executive Board of �鶹�� Group AG and President of �鶹�� in Switzerland, followed by his tenure as Chairman of �鶹�� Switzerland AG. In 2022 he was appointed as Vice Chairman of the �鶹�� Group AG Board of Directors. In addition to his board responsibilities, he represented �鶹�� in Switzerland’s most important trade associations and financial industry organizations. As the final Chairman of Credit Suisse AG, he played a pivotal role in the successful integration of Credit Suisse into �鶹��.

Colm Kelleher said: “It is with great appreciation and deep regret that I had to accept the resignation of Lukas. On behalf of all of �鶹��, our clients and external partners, I want to thank him for his tremendous contributions and unwavering commitment to �鶹��. Lukas is one of the most respected bankers in Switzerland and has been a key driving force behind the success of �鶹��, particularly in Switzerland. He was instrumental in preparing and executing the Credit Suisse transaction, and served as the final Chairman of Credit Suisse AG during an exceptionally demanding transition. Personally, Lukas has been my closest partner since I joined �鶹��. His expertise, social skills, integrity and work ethics set him apart. He will be greatly missed, and I wish him only the very best for his new endeavors.”

Sergio P. Ermotti said: “Lukas has been a trusted partner throughout my entire career at �鶹��. As President and later Chairman of �鶹�� in Switzerland, he fundamentally repositioned and strengthened �鶹�� in Switzerland, significantly contributing to the Group’s success. Over the past nearly three years, it has been a privilege to work closely with him on the successful integration of Credit Suisse. While I will miss him and his invaluable contributions, I fully understand his decision to end his outstanding career in banking and embrace new priorities.”

Markus Ronner is proposed to succeed Lukas Gähwiler and will be nominated as new member of the Board of Directors and Vice Chairman at the AGM 2026. Markus Ronner is a Swiss citizen and has been with �鶹�� his entire professional career since 1981. Over the last 25 years, he has held several global leadership roles in business, control and audit functions. Markus Ronner became a member of the Group Executive Board in 2018, when he took over his current role as the Group Chief Compliance and Governance Officer, overseeing compliance, financial crime prevention and operational risk control as well as regulatory and governance functions at the Group level. From 2022 to 2023 Markus Ronner also served as the chairman of �鶹�� Switzerland AG. He is a recognized expert in regulation, risk control and governance and well respected by Swiss and international authorities.

Colm Kelleher said: “I congratulate Markus on his nomination. His extensive and unique experience in financial services will provide the Board with valuable insights. In his role as Vice Chairman, he will represent �鶹�� across several key industry bodies. I am looking forward to working closely with him upon his election.”

Sergio P. Ermotti said: “Markus’s foundational work over the past 15 years helped shape the firm’s legal structure and governance. Since joining the Group Executive Board in 2018 as Group Chief Compliance and Governance Officer, Markus has navigated through a demanding non-financial risk environment, based on industry-leading compliance, financial crime prevention and operational risk management standards and established a robust resolvability framework for �鶹��. I thank Markus for his outstanding contributions and look forward to continuing to work with him in his new role.”

The succession of Markus Ronner will be communicated separately.

�鶹�� Group AG and �鶹�� AG

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