Investor Presentaiton
Disclosures
NON-GAAP MEASURES
This Investor Presentation includes financial information determined by methods other than in accordance with generally accepted accounting principles
("GAAP"). This financial information includes certain operating performance measures, which exclude merger-related and other charges that are not considered
part of recurring operations. Such measures include: "Earnings per share - operating," "Diluted earnings per share - operating," "Tangible book value per
share," "Return on common equity - operating," "Return on tangible common equity - operating," "Return on assets - operating," "Return on assets - pre-tax
pre-provision, excluding merger-related and other charges," "Efficiency ratio - operating," "Expenses - operating," and "Tangible common equity to tangible
assets."
Management has included these non-GAAP measures because it believes these measures may provide useful supplemental information for evaluating United's
underlying performance trends. Further, management uses these measures in managing and evaluating United's business and intends to refer to them in
discussions about our operations and performance. Operating performance measures should be viewed in addition to, and not as an alternative to or substitute
for, measures determined in accordance with GAAP, and are not necessarily comparable to non-GAAP measures that may be presented by other companies.
To the extent applicable, reconciliations of these non-GAAP measures to the most directly comparable GAAP measures can be found in the 'Non-GAAP
Reconciliation Tables' included in the exhibits to this Presentation.
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