Wealth Management US

1 In management accounts, adjusted expected credit loss rather than credit loss expense or recovery is reported for the business groups (see note 2 to the financial statements). 2 Additionally includes social security contributions and expenses related to alternative investment awards. 3 Excludes interest and dividend income. 4 For purposes of comparison with US peers. 5 Income (annualized)/average invested assets. 6 Operating expenses/income. 7 Interest, asset-based revenues for portfolio management and fund distribution, account-based and advisory fees. 8 Income (including net goodwill funding)/average number of financial advisors. 9 Net new money/average number of financial advisors. 10 Average invested assets/average number of financial advisors. 11 Year to date Business Unit performance before tax (annualized as applicable)/allocated regulatory capital year to date average. 12 Goodwill and intangible assets in excess of 4% of BIS Tier 1 Capital. 13 10% of BIS risk-weighted assets plus goodwill and excess intangible assets.