71 5 Commitment and Leadership INCLUSIVE GROWTH Unlocking More Impact from Capital Through analysis, expertise, and curated sustainable finance solutions, we can deliver even more value for our clients to achieve better outcomes both today and tomorrow. This practical ingenuity ensures we maximize results from capital. Loop Capital To help promote racial equity and build diverse talent, Loop Capital, a Black woman-owned financial services firm, and Goldman Sachs partnered to launch two money market products and offer clients a cash management solution aligned with the goals of One Million Black Women . Google made a $500 million catalytic seed investment and played a foundational role in developing the products. Ten percent of net revenues earned from share classes go toward funding for programs focused on two priorities of One Million Black Women — housing and education — and Goldman Sachs shares a portion of its management fee with Loop Capital for distributing the share class to clients. Marquee for e-Quality Goldman Sachs recently announced the continuation of the Marquee for e-Quality initiative for the second consecutive year. Building on the previous year’s success, we continue to leverage commercial initiatives to scale our impact on inclusive growth. Through the initiative, Goldman Sachs committed to a donation based on FX and Commodities volumes traded on Marquee Trader, as well as FX volumes traded via Passive Currency Overlay, which will go to nonprofit grantees of the Goldman Sachs Fund for Racial Equity. Last year’s inaugural campaign saw $1.1 million raised from more than 56 different countries, supporting the vital work of leading organizations addressing racial injustice, structural inequity, and economic disparity globally. Choosing Who We Work With Diverse Broker Dealers We actively engage with corporate clients on best practices around diversity, equity, and inclusion, most recently providing a comprehensive scorecard to assist with assessing capabilities and authenticity of minority-owned broker dealers. To set an example, our $800 million debut sustainability bond in February 2021 had a syndicate of exclusively minority-led broker dealers. Supporting Diverse Leadership in the Broader Ecosystem Nonprofit Diversity Fund (NDF) The NDF seeks to foster opportunities for commercial and community impact by preparing diverse advisors to become nonprofit leaders through education, cultivation, and integration into the nonprofit community. Goldman Sachs Private Wealth Management has committed $500,000 to cover board membership dues for diverse advisors to join nonprofit boards in their communities, thus decreasing the largest barrier to entry to board membership. “This launch creates a partnership for corporations to use the cash on their balance sheets to further opportunities for Black women and have a real, lasting impact on communities far and wide.” KOURTNEY GIBSON President, Loop Capital Markets