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BRIEF-Credit Suisse - CEO and Executive Board voluntarily propose a reduction of variable compensation by 40 percent

April 13 Credit Suisse Group Ag

* CEO and Executive Board voluntarily propose a reduction of variable compensation by 40 percent

* Board of directors decides on no increase in total board compensation for 2017

* Board of directors has also decided to maintain total board compensation at the level of 2015 and 2016

Source text: bit.ly/2oEwBiQ

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