$8,302,310 Auto-Callable Contingent Income Securities All Payments on the Securities Subject to the Coupon Barrier and Downside Threshold Features Based on the Performance of the Class B Common Stock of ViacomCBS Inc. due April 01, 2024, priced on March 26, 2021, were issued by Credit Suisse AG. The pricing supplement for this note (CUSIP: 22551F723) can be found here.

The notes had a $10 face value and paid a quarterly coupon of $0.325, so long as the notes had not been called and and ViacomCBS all closed above 50% of their March 26, 2021 closing prices on a determination date. If and ViacomCBS closed below 50% of their March 26, 2021 closing prices on a determination date, the notes did not pay a coupon.

If not previously called, at maturity, the notes returned $10 in principal if and ViacomCBS all closed on the final determination date on March 26, 2024 and above 50% of their March 26, 2021 closing prices. If on March 26, 2024 and ViacomCBS closed below 50% of their March 26, 2021 closing prices, the notes paid reduced principal euqal to $10 multiplied by the lowest ratio of and ViacomCBS March 26, 2024 closing prices to their March 26, 2021 closing prices.

The notes have matured. They paid three coupons totaling $1.625 and $2.36 repayment per $10 note. Investors thus suffered capital losses of $7.64 and net losses of $6.02.^† In the aggregate, investors in this note suffered $6,345,079 in capital losses and $4,995,953 in net losses. See Table 1 and Figure 1.

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† SLCG estimated these losses based on publicly available information. The issuer ultimately determines the amounts paid which may differ from our estimates. Our reference to capital loss and net loss does not imply SLCG's view of how these losses are treated for tax purposes.

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