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CSCompensation and benefits increased by CHF 58 million, or 4%, compared to 2Q12, primarily due tohigher discretionary performance-related compensation expense, reflecting higher results. Compared to1Q13, compensation and benefits were stable. Total other operating expenses increased 13% comparedto 2Q12, mainly due to higher litigation provisions.

UBS

Personnel expenses decreased to CHF 980 million from CHF 1,265 million, mainly due to lower variablecompensation accruals as well as savings resulting from our ongoing cost reduction programs. Thereduction in variable compensation accruals mainly reflected lower business performance comparedwith the prior quarter, as well as changes in the expected effective deferral rate and the effect offinalizing the prior year compensation accrual. These decreases were partly offset by restructuringcharges of CHF 14 million compared with restructuring releases of CHF 26 million in the prior quarter.On an adjusted basis, personnel expenses decreased to CHF 966 million from CHF 1,291 million.

JPMC- No commentaries

RBSStaff expenses were 29% lower, reflecting both the substantial reductions in headcount that took placeduring 2012 and a reduced level of variable compensation. Although discretionary expenditure remainedtightly controlled, other expenses have increased, driven by higher legal costs and mandatory

investment spend.

GSCompensation and BenefitsThe accrual for compensation and benefits expenses (including salaries, estimated year-enddiscretionary compensation, amortization of equity awards and other items such as benefits) was $3.70billion for the second quarter of 2013, 27% higher than the second quarter of 2012, reflecting a significantincrease in net revenues. The ratio of compensation and benefits to net revenues for the first half of 2013was 43.0%, compared with 44.0% for the first half of 2012. Total staff (12) decreased 1% compared withthe end of the first quarter of 2013.

GS- No commentaries

DBNoninterest expenses decreased by 195 million, or 3%, in the first six months of 2013 compared to thefirst six months of 2012. This decrease was driven by lower compensation and noncompensation relatedcosts resulting from the ongoing implementation of OpEx measures, partly offset by higher l itigationrelated charges.

Barclays

iNVESTMENT bANK COMPENSATION COSTS WERE 2,542M (2012: 2,579M) WITH THE iNVESTMENTbANK COMPENSATION: INCOME RATIO REMAINING STABLE AT 39$ (Fffi12: 40$; H112: 40$).iNVESTMENT bANK PERFORMANCE COSTS REDUCED 3$ TO 1,009M, COMPARED TO A 7$ INCREASEIN PROFIT BEFORE TAX.