CREDIT SUISSE (ITALY) S.P.A.

CREDIT SUISSE (ITALY) S.P.A. is an Italian banking entity historically focused on wealth management and investment services for high- and ultra-high-net-worth clients, offering discretionary and advisory portfolio management, custody and execution, access to funds and structured products (including proprietary Credit Suisse Asset Management ranges), alternative investments, foreign exchange and derivatives, and credit solutions such as Lombard lending and selected real estate financing; it is supervised by the Bank of Italy for banking activities and by CONSOB for investment services, is listed in the Albo delle Banche, and, as an Italian bank, participates in the Fondo Interbancario di Tutela dei Depositi, which protects eligible deposits up to EUR 100,000 per depositor per bank, while investment services are subject to MiFID II conduct rules (client classification, suitability/appropriateness, cost and inducement disclosures) and may fall under the Fondo Nazionale di Garanzia for defined scenarios; the operating model relies on relationship managers and specialist teams rather than a retail branch network, with e-banking used primarily for account and portfolio access, and services typically subject to eligibility criteria and minimum asset thresholds, with pricing composed of advisory/management, custody, and transaction fees and, where applicable, third‑party retrocessions (for non‑independent advice); conflicts of interest are addressed through documented policies given the distribution of proprietary and third‑party products, and cross‑border, tax, and AML requirements (including FATCA/CRS) apply; following UBS Group AG’s acquisition of Credit Suisse Group AG in 2023, the Italian business has been undergoing integration and rebranding, and clients should verify the current legal entity on statements and notices as legal‑entity migrations and product rationalization can affect terms, reporting, and service arrangements; resolution and investor protection frameworks follow EU rules (Single Resolution Mechanism and bail‑in, with unsecured liabilities above guaranteed thresholds exposed in a failure scenario), public financial statements are available through statutory filings, and complaints follow the internal process with possible escalation to the Arbitro Bancario Finanziario for banking disputes and the Arbitro per le Controversie Finanziarie for investment‑service disputes.