At Goldman Sachs, we recognize that learning is a competitive advantage, and we are committed to helping our people reach the

peak of their capabilities.

We created Goldman Sachs University to help our people grow professionally starting with their orientation and integration into the firm and continuing with ongoing development over the course of their careers. Each year, over 98 of our employees attend one or more GSU programs. ORIENTATION !ou "ecome part of the Goldman Sachs team from the moment you accept an offer of employment. #o reflect this, your orientation starts well "efore your first day in the office. $ew hires are given access to online resources to help them get to %now the firm. Each month, we send out a communication highlighting the same information that is sent to our employees. #his ena"les pre&hires to "egin to understand the culture, the activities and the e'pectations associated with wor%ing at Goldman Sachs. We also encourage managers to reach out to new hires prior to their start dates. (s part of our on"oarding process, new hires spend time with our senior leaders, "oth in formal training programs such as )Symposium* and )+irmwide (nalyst and (ssociate ,rientation* and more informally through meetings, pro-ects and daily interactions. #his process accelerates their integration into the firm, and provides senior management an opportunity to get to %now new hires. (dditionally, our integration programs provide new hires with resources and events to help them "etter understanding of our culture, our people and our "usinesses. (ll our new employees and interns attend our ./ay ,ne ,rientation0, a firmwide program to introduce our culture, history, "usiness principles and core values. #his is followed "y the .+irst 122 days0 email program, which consists of an email each wee% for the first 13 wee%s of employment. #hese emails cover topics such as technology, availa"le resources, GSU training, compliance,

Wellness programs, and diversity in a concise format, with additional information availa"le on line. CONTINUING EDUCATION Goldman Sachs University 4GSU5, our internal training and development function, offers courses to help you at each stage of your career. GSU programs cover leadership development, products and mar%ets training, diversity and inclusion, culture and orientation, and professional s%ills. 6eading e'perts from within and outside the firm teach many of our more than 7,222 programs. !ou can ta%e a course in various formats 4classroom, We"cast, e&learning5, depending on how much time you have and how much you need to %now. #hrough our personali8ed, online curriculum roadmaps, you0ll find the courses our leaders recommend for people in your role. #hese core curricula are designed to help you advance your s%ills within current and new areas of responsi"ilities. ,ur tailored roadmaps allow you to "e proactive, to invest in your own development and to ta%e part in the e'tensive training opportunities the firm has to offer. !our roadmap will "e tailored to your "usiness, region and location as well as your personal goals. (s part of our commitment to training many divisions as% that their people meet a minimum 12&hour annual continuing educational goal, and 92 hours is the ideal. !our training is included as part of your annual performance review to help us ensure that "oth the team0s and your individual goals are met. KNOWLEDGE SHARE ( deep understanding of our products and mar%ets is critical to our a"ility to innovate and create new solutions. ,ne of the aims of GSU is to systematically and :uic%ly ma%e availa"le the "est ideas and products from one area of the firm across the whole organi8ation. ,ur ;roducts and <ar%ets programs are designed to help you understand the capital mar%ets and the products we offer, learn to recogni8e appropriate

applications for new products and demonstrate how to implement comple' strategies with clients. #he GSU =usiness Series also forms part of our commitment to %nowledge sharing and features spea%ers from across our "usinesses. #his series, through regular presentations, helps our people "etter understand our "usiness o"-ectives and opportunities. (longside this, the #hought 6eadership +orum 4#6+5 "rings today0s leading thin%ers to the firm and offers our people a convenient, accessi"le opportunity to engage with them. #he #6+ inspires our people0s creativity, informs their perspectives a"out current events and e'pands their worldview. LEADERSHIP We offer opportunities for leadership development at every level> from entry& level employees to e'perienced <anaging /irectors. ,ur curriculum is "ased on the latest theories from leading authors and management professionals. Each course is designed with the Goldman Sachs environment and the challenges our leaders face in mind. We have also esta"lished a leadership academy for our glo"al senior management, called );ine Street.* ;ine Street focuses on developing the firm0s future leaders through a program of e'ecutive coaching, leadership acceleration initiatives, topical roundta"les and master classes. ;ine Street also offers one&on&one sessions for managing directors and partners hired laterally into the firm. #hese sessions support new leaders overcome common challenges faced in their first ?2&32&92 days at the firm. PERSONAL PROFESSIONAL DEVELOPMENT (t Goldman Sachs, we "elieve you should "e in control of your own learning and career development. #his includes performance reviews and professional development planning. Every employee has an annual ?32&degree performance review, ta%ing in a self& assessment and feed"ac% from a diverse group of colleagues.

#o help you get the most from this process GSU offers programs and resources to guide you through your review and help you review your colleagues more effectively. !our ;rofessional /evelopment ;lan 4;/;5 includes all your development needs and the actions that will help you meet them@ whether through formalAinformal training, wor% assignments, special pro-ects, mentoring or committee participation. #his plan is then reviewed over the year to ma%e sure your goals are "eing met. <entoring is a core part of our investment in personal professional development, and we run an in&house mentoring training curriculum to ensure that the program remains effective as a learning and development practice. Goldman Sachs also offers uni:ue programs targeted to certain populations at the firm. +or instance the Women0s Bareer Strategies Cnitiative provides development opportunities for high performing (ssociate women across the firm.