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INCLUSIVE GROWTH Goldman Sachs Market Madness: HBCU Possibilities Program Historically Black Colleges and Universities (HBCUs) play a signi昀椀cant role in social mobility and economic growth in the Black community. As a core component of the 昀椀rm’s 昀椀ve-year, $25 million commitment to HBCUs, this program provides 125 HBCU students annually with a semester-long introduction to key concepts and careers in 昀椀nance. Students’ experiences are enriched through mentorship, networking, a $10,000 scholarship, and the chance to interview for a summer internship at Goldman Sachs. THE 2021 MARKET MADNESS COMPETITION: PROCTER & GAMBLE CASE STUDY EDITION In its inaugural year, a case study competition, which featured Procter & Gamble, concluded the program. Students presented to senior leaders at Goldman Sachs, competing for prize donations to their institutions. WINNER: FINALISTS: $1 Million Grand Prize $500,000 to Spelman College $750,000 Prizes Morehouse College Prize funding went directly to the competing teams’ Morgan State University HBCUs to support scholarships for future students. North Carolina A&T State University All 125 students received a $10,000 academic stipend. Prizes and stipends were funded in the form of grants to the HBCU partners. Sustainability Report 2021 Inclusive Growth | Leveraging Partnerships 78

Goldman Sachs sustainability report - Page 78 Goldman Sachs sustainability report Page 77 Page 79