Average ROA. For purposes of this Agreement, “Average ROA” is determined by dividing (A) the sum of the Company’s return on average assets, as reported in the Company’s publicly reported financial statements, for each calendar year in the Performance Period, by (B) the number of calendar years in the Performance Period. For this purpose and subject to adjustments permitted under this Agreement, return on average assets is determined for each calendar year in the Performance Period, using amounts reported in the Quarterly Financial Data Supplement filed as an exhibit to the Company’s Form 8-K reporting the results of operations for the last fiscal quarter of such year, by dividing (A) Citigroup’s annual net income (loss) excluding credit valuation adjustments/debt valuation adjustments for each calendar year in the Performance Period, by (B) Citigroup’s full year total average assets for each such year.
Average ROA. For purposes of this Agreement, “Average ROA” is determined by dividing (A) the sum of the Company’s return on average assets, as reported in the Company’s publicly reported financial statements, for each calendar year in the Performance Period, by (B) the number of calendar years in the Performance Period.
