Calculation of Registration Fee

 

Title of Each Class of Securities Offered

Maximum Aggregate Offering Price Amount of Registration Fee
VelocityShares Daily 2x VIX Short Term ETN Linked to the S&P 500 VIX Short Term Futures Index TM due December 4, 2030 $3,180,600 $433.83

Filed pursuant to Rule 424(b)(2)

Registration Statement No. 333-180300-03

July 31, 2013

 

Pricing Supplement Addendum No. 604 dated July 31, 2013

To the Pricing Supplement No. VLS ETN-1/A26 dated April 30, 2013

Prospectus Supplement dated March 23, 2012

and Prospectus dated March 23, 2012

 

GRAPHIC   GRAPHIC

VelocityShares Daily 2x VIX Short Term ETN Linked to the S&P 500 VIX Short-Term Futures Index TM due December 4, 2030 ("ETNs")

 

Issuer: Credit Suisse AG, acting through its Nassau Branch
   
CUSIP/ISIN: 22539T852/US22539T8523
   
NYSE Arca Ticker Symbol: TVIX
   
Aggregate Offering Price of ETNs: $3,180,600
   
Public Offering Price per ETN: $1.5903
   
Principal Amount of ETNs: $2,000,000,000
   
Principal Amount per ETN: $1000.00
   
Trade Date: July 31, 2013
   
Settlement Date: August 5, 2013
   
Agent: Credit Suisse Securities (USA) LLC (“CSSU”), an affiliate of the Issuer
   
Proceeds to Issuer: 100.00% of the Aggregate Offering Price
   
Agent’s Discount and Commission: 0.00%.  However, CSSU is expected to charge normal commissions for the purchase of the ETNs and may receive all or a portion of the investor fee. In addition, CSSU our agent for any redemption at the investor’s option may charge investors a fee of up to 0.05% times the Closing Indicative Value of the ETN on the applicable valuation date, per ETN redeemed. For a further description of the fees and commissions payable pertaining to the ETNs please see the section entitled “Supplemental Plan of Distribution (Conflicts of Interest)” in the accompanying pricing supplement.

You may lose some or all of your principal if you invest in the ETNs. See “Risk Factors” beginning on page PS-26 of the accompanying pricing supplement for risks relating to an investment in the ETNs.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined that this pricing supplement addendum, or the accompanying pricing supplement, prospectus supplement and prospectus, is truthful or complete. Any representation to the contrary is a criminal offense. The ETNs are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of the United States, Switzerland or any other jurisdiction.

Credit Suisse

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