133 Sustainability Report 2021 Sustainability Issuance Report | Featured Investments In April 2021, Goldman Sachs invested in Olist, a one-stop- shop platform that aims to enable small and mid-sized merchants and brands to sell online by functioning as the storefront to these merchants in the main marketplaces in Brazil. Olist seeks to address the fragmentation, operational complexities, and integration burdens experienced by small and mid-sized merchants in existing marketplaces by offering full stack operational support to merchants through its management of product catalogs, inventory, pricing, fulfillment, customer service, and payments in a single integrated platform. Goldman Sachs participated in the Series E funding that closed in December 2021, where the new capital enabled the company to offer a fulfillment operation as well as financial services. Retailers on Olist already have access to credit lines for working capital, and the company plans to expand that technology to include risk management, accelerated sales, and internal credit models for merchants. The company recently began operations in Mexico and intends to expand its footprint across Latin America. In a public-private partnership with the New York City Economic Development Corporation (NYC EDC), Goldman Sachs financed the NYC COVID-19 Hospital Loan Fund to support COVID-19 related staffing and expenses – including wages, child care, and protective equipment – and vaccination efforts at New York City’s safety net hospitals, which are primarily located in low-income neighborhoods and tend to serve the city’s poorest and most vulnerable residents. The loan facility helped enable these recipient safety net hospitals to meet the increasing demand for COVID-19 care by making available funds that could be used to increase the number of staff available to treat COVID-19 surges and administer vaccinations to their patients. While the safety net hospitals are expected to qualify for FEMA Public Assistance reimbursements, the loans helped the hospitals to bridge the timing gap between immediate financing needs and future reimbursements. NYC Emergency Management (NYCEM) and Community Preservation Corporation, a local non-profit Community Development Financial Institution, were both part of the partnership. Financial Inclusion CASE STUDY: Olist Accessible and Innovative Healthcare CASE STUDY: NYC COVID-19 Safety Net Hospitals Staffing and Vaccine Loan Facility